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Technology Stocks : Thrustmaster (NASDAQ:TMSR)

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To: bythepark who wrote (92)2/12/1997 4:21:00 PM
From: Norman A. Levinson   of 2443
 
Today's Investor Business Daily.

First, Alan, thank you for your kind words and thank you for TMSR's reference in this month's Wired.

There is a(nother) mistake, I believe, with this article's data. The graph depicting PC Gaming Peripherals-U.S. Shipments is low.

The graph indicates 1996 revenues of appx. $75 million and 1998e at $130 million. I would say the industry is already realizing (1996) what Access Media International is projecting for 1998.

I am pretty confident of this as a former senior officer (New Business Development and Financial-Investor Relations) of Advanced Gravis (NASDAQ:GRVSF) (TSE:AED) and Board Director from 1988-1992 when Gravis listed on the TSE and NASDAQ. I was a Director of Gravis along with the CFO and COO/founder of Logitech International S.A. when they were a controlling shareholder of Gravis. [Gravis has since been acquired by American Brands]

Gravis alone reported appx. C$43,000,000 for calendar 1995. The other players are STD, CH Products, Act, Spectravideo, Thrustmaster, Logitech, Microsoft, Computer City private labels, Interact, Mouse Systems, Suncom, et al.

Based on my experience this type of article is a holy grail for any CEO/CFO of a publicy-held company.
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