Friday, October 06, 2000 6:39:29 PM
The product works, it is unique, and represents a very real improvement when compared to existing security systems. When people see it demonstrated they want it. The market potential for this product is huge, probably over two million units per year.
The real issue is how long will it take for SEVU to get production levels up to meet the market demand. I have no doubt that Radio Shack, if properly supplied with product, could easily sell the first 100,000 unit production run with Reptron/K-Byte. So what we really need to know is where is SEVU with high volume production. Is K-Byte producing yet? This was originally scheduled back in July, then delayed to make product improvements, but we are now moving into mid-October. It would be nice if SEVU could give us some definitive information about production.
This will be the factor that most enfluences the immediate value of our investment. -srs
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