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Technology Stocks : SI Diamond Technology (SIDT) -- Ignore unavailable to you. Want to Upgrade?


To: Redman who wrote (111)1/15/1998 5:54:00 PM
From: Redman  Respond to of 623
 
Look what I received !!!!

I have been asked by Dr. Yaniv to answer your questions about SIDT stock. The
Series E and F preferred shares were owned by a number of private investment
finds. They were listed in our most recent S3 filed with the SEC October 28,
1997. You can find a complete list at the SEC website at www.sec.gov.

You seem to be quite familiar with on-line financial news, so you may already
know about sites such as www.thestreet.com and brokerage firm websites that
provide analysis of public companies. To the best of our knowledge, there is
no analyst focusing on SIDT at this time.

I'm not sure I understand your most recent e-mail to us, but I'd be glad to
try to answer any questions you have.

In the meantime, I'd like to assure you that we are, indeed, a functioning
company with customers, alliances, and partnerships. DTO, for example, just
billed nearly $200,000 in December and is projected to bill around $215,000 in
January. DTO is running three fab shifts and can barely keep up with customer
demand. EBT's Eller Media project is proceeding at a pace greater than we had
hoped for, and FEPET was just awarded another patent for its field emission
technology and continues to progress quickly on its projects with Ise and
Orion.

Regards,

Sara Breuer
Executive Marketing Assistant
SI Diamond Technology, Inc.
voice (512) 250-2702 fax (512) 250-3031



To: Redman who wrote (111)1/15/1998 6:09:00 PM
From: Redman  Read Replies (2) | Respond to of 623
 
Lastly, I received this email regarding my question as to whose choice it was to exchange cash in lieu of shares for the preferred shares that were bought back.

bec

Brady,

It was SIDT's choice, because at the time the conversion price was so low that
we felt this option would protect against further dilution of the stock.

Sara Breuer
sbreuer@diamond.com