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Non-Tech : Digital video display tech - DVDT -- Ignore unavailable to you. Want to Upgrade?


To: David Parkinson who wrote (10)5/1/1999 3:17:00 PM
From: Montana Wildhack  Read Replies (1) | Respond to of 34
 
David,

Two years ago it was a promising company. They had two areas
they were developing (picture print and 'jukebox') and at
that time both looked good. They were each somewhat breaking
applications of new technologies.

At $2.72 (my entry point) the stock looked like a good speculative
buy.

I wasn't suprised by the drift downwards some months later and
hadn't had enough exposure to the lack of reporting and information,
so I averaged down.

Then it became apparent that there were rifts inside the organization
and that things were not happening. It was now so cheap that it
was silly not to average down again. So I did. That was a little
less than a year ago.

Since then I've been asking myself, "Wolf, why did you get
into XVN?"

Its years later and the 'jukebox' is still a good idea. I think
the DVDT sales have largely been people familiar with the
situation. If the product is successful, I'm hopeful that XVN
co-market's it's direct sales with an established distributor.
I'm not confident in the business skills of XVN's current
management team - yet this is a situation you can reasonably expect
to successfully make money from.

I believe DVDT may be successful in which case the net worth
of XVN skyrockets. Then do the distribution deal and sit back.
Two years from now we could be talking dividends.

So in rambling conclusion. Given an accepted product, there
is plenty of money on the table for XVN and more so for DVDT.

I have a question for you. If you were presented with a buy
out offer of $.30 per XVN share would you sell? $.40?
At $.40 this company can be bought for millions less than
currently realizable market value.