Lightwave Logic Inc (LWLG)

[Koog]

The main reason VHS beat Betamax in the video format war was because VHS WAS a better product. A Betamax tape could record 1 hour of content. VHS at the slowest speed could record 4 hours of content. A movie or sporting event could fit on a single cassette. THAT's why VHS won the war. VHS was also priced lower and the consumer was more price sensitive than Sony thought.