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Technology Stocks : Digital Video Systems Inc (DVID) -- Ignore unavailable to you. Want to Upgrade?


To: FR1 who wrote (11)12/8/2001 3:21:49 PM
From: Jim Bishop  Respond to of 176
 
Main products, in fact over 90% of their revenues, are dvd loaders in one form or another sold to oem manufacturers in China and Korea mainly, and I'm not sure who the big players are.

Reading the financials about 65% of their total sales are from 3 customers.

Their plan according to the filing is to concentrate on a few large accounts, with aggressive pricing, and from the looks of their margins, they're doing just that.

I guess time will tell if this is the right strategy to increase market share, which in turn will help their buying power, which in turn would bring down their cost of materials, and hopefully, increase their margins over time.

dvs.co.kr

I have no position, just looking at it.