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Technology Stocks : Vidikron Technologies Group (VIDIC) -- Ignore unavailable to you. Want to Upgrade?

To: madman who wrote (584)	12/22/1997 9:27:00 AM
From: Gerald Thomas	Respond to of 782

None... this reduction in stores has been known for a while... 13 I believe. The agreement is non cancellable and they will have more than enough stores to adequately sell 3 thousand units... by the way I didn't realize that Harvey's (one of the stores carrying DHT) has four store locations... harveyonline.com

To: madman who wrote (584)	12/22/1997 11:19:00 AM
From: Greg Werlinich	Read Replies (2) \| Respond to of 782

Madman - I don't think that there is any cost or effect to the Wiz bankruptcy filing. They weren't shipping any units to the Wiz anyway. There are pleny of other retailers who will be pleased to carry the DHT once they become available in larger quantities. IMHO, this is a non-event. Greg

To: madman who wrote (584)	12/23/1997 11:51:00 PM
From: Gerald Thomas	Respond to of 782

From sec doc. 12/22/97 The Company also intends to rely on arrangements with retailers and contract manufacturers in connection with meeting the balance of the capital requirements necessary for the Company to manufacture, market and distribute the Digital Home Theater. The Company is in the development stage and, to date, its sole revenues have been $1,455,000 in fees and $409,889 from the sale of the Digital Home Theater. Of such fees, $1,000,000 was derived from a government agency to develop certain projection technology for use in a high definition television projector and the remaining balance, $455,000, from licensing agreements. The Company anticipates that scheduled shipments of its Digital Home Theater for the remainder of 1997 will be sufficient to bring the Company out of the development stage. The Company has completed research and development with respect to the Digital Home Theater projector, although certain engineering refinements are still ongoing, including optimizing picture brightness for a new rear projection system. Projectavision Exhibit A to OEM Agreement Product Description/Pricing dated 9 September 1996 Description Part Number Price ----------- ----------- ----- Projectavision -------------- Digital Projection System (DPS) TBD $2,500.00 Model DPS1A1A2 (Rear Projection Only) Front Projection Lens TBD $450.00 ***All three agreements with CMAC COMO and TI Are listed in full.