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Tonyeight

02/23/01 1:09 PM

#6044 RE: printmail01 #6043

Print You are correct that the SEVIEW underwater products are good and proven. I read on the RB board where John.Gotch and Jazzy64 stated that there are over 120 items listed on the Government Website where Government employees are authorized to purchase products listed on the www.8amall.com site. http://www.8amall.com/cgi-bin/ncommerce3/ExecMacro/ol8a/macro/search.d2w/input?showVality=TRUE&m...
Government individuals can only purchase items from authorized vendors and being on the 8amall site SEVU can be purchased without authorization. This is new and hopefully SEVU will receive additional orders (increasing the Seview revenue to the anticipated amounts)for the underwater camera systems, all of which are listed on the site. I also noted that the VIC Vehicle Inspection Camera is also listed. It would be great to see that item talke off and be selected by the Government as a standard to be used World-Wide at all military bases. Unfortunately the Secureview currently has little exposure on the site, but I am sure that that will be corrected with the beefing up of mass production that we have been told is commencing. Will have to take a break before discussing other items mentioned in your message. Be back soon. If anyone else wants to respond on the subject, feel free. Tonyeight

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doctorj

02/23/01 1:18 PM

#6045 RE: printmail01 #6043

Print, I agree with most of your points, although I'm not clear on why the marine products need to top out at only 12-15 mil.

As for the new management restating the prior estimates, it is possible that they don't have a problem with them and are therefore sticking with them. If this IS the case it might be a good idea for them, in order to more effectively leave the past controversy regarding prior management forcasts behind, to issue a statement confirming the prior projections. They would then 'own' them and be under more of an obligation to meet them...

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Francois+Goelo

02/23/01 2:40 PM

#6051 RE: printmail01 #6043

Printmail, very good Post and ...

a huge improvement on the earlier ones... There are ways to be critical in a civilized manner... Here are the actual Revenue figures projected, NOT $180 Million:

Financial Projections FY 2001

Total Revenue $168,000,000.00**
Total Expense $55,400,000.00
Gross Net Profit $112,600,000.00

**based on manufacture and sale of 400,000 SecureView systems

http://www.sevu.com/invoverview.htm

In light of recent events, I'd say divide the Revenue by 4, say $42 Million and the Earnings by 7, say $16 Million and you'll be closer to the Truth and may even have a pleasant surprise upwards, at the end of the year...

JMHO, F. Goelo + + +



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TAfirehawk

02/23/01 4:56 PM

#6063 RE: printmail01 #6043

printmail, you hit the nail on the head.

I want to give you a little input of my experience with the SecureView camera. The camera is great and very impressive once you get to play with one. It sees GREAT in the dark. I did not get to play with the software they have, just the camera while I was down there early last summer. I do not own a system yet, but hope to play with one some more when I am down there in April again this year

Hopefully some people that witnessed it at the Open House can also comment. I know these are just "opinions" of some longs here, but take it for what it is worth or what you paid for it (nothing)!!!

JMHO, TAfirehawk