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Technology Stocks : Brillian Corporation -- Ignore unavailable to you. Want to Upgrade?

To: Starlight who wrote (64)	12/20/2006 3:36:11 AM
From: Tom Caruthers	Read Replies (1) \| Respond to of 361

BRLC again the victim of a savage and biased Stocklemon attack. Enough misinformation to give one the heebie jeebies. They are just using scare tactics to drop the share price. biz.yahoo.com Allow me a rebuttal. 1) Dropping LCD prices are to BRLC's advantage as they have a lower cost infrastructure that can underprice the brand names and are the ones doing the cutting and benefitting from the volume and gains in market share. Look at the earnings announcements from BRLC vs the bigger players. I know that prices have come down enough that I will look to buy two more flat panel LCD TVs, one for my office and another for the bedroom. Here, I don't need the behemoth top-of-the-line main TV. I want a TV that is good for casual viewing and is a size that is in the sweet spot for BRLC. I imagine I am not alone. 2) The "world was shaken"?? Come on. Talk about hyperbole and a flair for the dramatic. This I think sums it up. In an environment of plummeting LCD prices, how can the industry be charged with price fixing?? In any case, if suppliers are guilty of price fixing, the fallout can only be good for manufacturers of LCDs like BRLC, as COGS will get cheaper. biz.yahoo.com 3) The supply agreement with LG is meant to provide BRLC with enough panels to not be supply constrained and to give them the ability to meet growing demand. This is a positive. Why lock into long term price contracts when there is a glut of LCDs and prices are just going lower? 4) The S-3 dated 11/22/2006 sec.gov to register 8.7M shares of stock would normally represent a significant overhang for the stock. But look at the daily volume for BRLC..it's 1.8M shares. It takes a week of average volume to absorb the shares in the registration. Since the registration, there have been 10 days of more than 2.5M shares traded. I think that overhang is gone now. The remaining shareholders probably got flushed out today. 5) BRLC addressed the issue of working capital with their $82M credit line. biz.yahoo.com This lessens the need for a dilutive equity financing near term. There is no question in my mind that BRLC is vulnerable to significant profit taking having run up from the $2's, hence why I have been taking some money off the table, but continue to hold a majority of my shares. But the fundamentals for BRLC still look very promising. And I can't tolerate the alarmist comments by those who are clearly trying to manipulate the stock for their own gain. Tom