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Technology Stocks : Vidikron Technologies Group (VIDIC)

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To: Randy McWilliams who wrote (93)1/12/1997 11:25:00 PM
From: n/a   of 782
 
I'm just sharing my observations. I have an investment in home theater and projection. I happened onto PJTV while looking at the universe. The reason I carry an 11 foot pole is that there are some things that I wouldn't touch with a 10 foot one. This company falls outside my comfort zone.

As far as the DMD engine, I like it a lot. I've been distressed by the secretiveness of TI regarding it. They've been actively showing since at least Comdex 1995. I suspect that the yields are not what they should be.

I think the chip and this video engine have great promise. I don't like the present price point. It may be a winner for Projectavision. I don't think Projectavision will be a winner for passive investors. I believe that everything I have seen shows no margin of safety for stockholders. I don't see any proprietary value added element from PJTV except the Chameleon element, and I don't assign any value to it.
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