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To: Brett Fleischman who wrote (28421)7/5/1998 10:02:00 PM
From: Ravi Ratnam  Respond to of 34592
 
I have in my possession a copy of TEXN's recent business plan in
Word format. The document has lot's of info including vivid
graphics of night site, gripper and underwater seal and how the
technology works..Send me an email if you want a copy of the
document.

SEEMS LIKE AS PER THE FIVE YEAR PROJECTIONS THE
BULK OF THE INCOME WILL COME FROM THE SALE OF
UNDER WATER SEALS!!!

Here is a glimpse of the document

VI. COMPETITIVE ANALYSIS

The Company's products are unique and distinctive in their
respective product lines. IWI is the only manufacture of the
multi-colored 3 dot system and the innovative bar dot
configuration. Other manufactures produce an all green version that
according to many experts, can cause some confusion in the lining
up of the sights. IWI is the only manufacturer that provides
complete custom work for a broad line of guns and offers a 15 year
warranty on its products. Competitors offer only limited custom
work and warranties of 10-12 years. As for Trident's Gripper
technology there are simply no other companies with similar
technology or whose functionality is equal the patented technology.

A. LIMITED COMPETITION

We define our market for IWI as composed of military, law
enforcement, and private gun industry. Both of these industries are
multi-million dollar markets with unlimited growth potential.
Based upon its superior technology, the sale of the night sights
should dramatically increase over the competition if an aggressive
marketing campaign can be successfully launched. As far as
TRIDENT's GRIPPER and Underwater Seal products their unique
technology will result in tremendous sales growth once the
products are introduced into the marketplace. There is no current
competition for TRIDENT's products and none is expected to
develop in the next five years. There are two companies that
compete with IWI in the night sight market.

IX. PRO FORMA FINANCIAL PROJECTIONS

A. FIVE YEAR PRO FORMA (1)

On a pro forma basis, the Company has prepared its five year
income summary as follows:

Period $PT Night Sights $Gripper $Under Water Seal

1998 $ 750,000 $ 500,000 $ 3,000,000
1999 $ 1,000,000 $ 900,000 $ 5,000,000
2000 $ 1,400,000 $ 1,000,000 $ 8,000,000
2001 $ 2,000,000 $ 1,400,000 $11,000,000
2002 $ 2,500,000 $ 1,800,000 $14,000,000

Totals $7,650,000 $5,600,000 $37,000,000

See Accompanying Notes to Table

___________

Notes -

(1) Pro forma financial projections are based upon certain
assumptions of Management regarding the success of its products
and its ability to finance an aggressive marketing program.
Although Management has presented the pro forma in good faith
there can be no assurance that the Company will be able to achieve
the financial projections set-forth herein.

------





To: Brett Fleischman who wrote (28421)7/6/1998 4:02:00 AM
From: Due Diligence  Read Replies (2) | Respond to of 34592
 
Just a note and update: these are SOME of the stocks I'm following or in. Hope ya don't mind? Do the DD,always. Good trading or holding to all this week.
Enuff Said,
Jimbo

RMGG - still up after a month (daytraders gone?)
HYALF- Cancer stuff and still strong
DMEC - seems to have found a base
TCBG - conference call coming (ck the thread)
NBET - like at this level (a long for me, due to internet gaming)
ARET - waiting for more news( hopefully on Yahoo, this time)
BAOA - volume up-having Jesse Jackson's political clout doesn't hurt
TEXN - still in, like the product, and optimistic for the future
TVSI - a long for me (real long)<g>
SEPCE - up about 50% since mentioned
GPIP - up about 40% since mentioned last week (where's the news?)
AVBC - couple of announcements lately,hoping for more.
CSHK - Volume up solid Release(Terrible timing-Thurs was a off day)
GNII - Shareholders meeting due (Chk the thread)
ROTI - hmmmmmm.... maybe a winner.
PDCI - Copia's pick( nice pick- small float)