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

To: Clyde Nazareth who wrote (636)	1/22/1998 12:37:00 PM
From: Gerald Thomas	Read Replies (1) \| Respond to of 782

* Projectavision To Buy Italy Projection Maker For About $10M 105 Words 1189 Characters 01/21/98 10:53 Dow Jones News Service (Copyright (c) 1998, Dow Jones & Company, Inc.) * NEW YORK (Dow Jones)--Projectavision Inc. (PJTV) agreed to buy Vidikron Industries SpA, a projection systems maker based in Milan, for about $10 million. * In a press release Wednesday, Projectavision said Vidikron had sales of about $17 million and was profitable in 1997. * Projectavision, which rolled out its first product in the fourth quarter, had sales of about $1 million 1997. The company said Texas * Instruments Inc. (TXN) chose Projectavision and Vidikron to release digital light-processing technology to the consumer marketplace. The company said it made an initial payment and expects to close the transaction in about 90 days. (END) DOW JONES NEWS 01-21-98 10:53 AM (I wonder if they are saying 4th quarter sales was 1 million?)