Welcome To The D-Box Technologies HUB On AGORACOM

Edit this title from the Fast Facts Section

Free
Message: Analyst target price $1.20

Analyst target price $1.20

posted on Jan 07, 2008 07:40PM

I've found this very positive analyst report from CORMARK Securities Inc:

Investment Thesis:

D-Box is a development stage company with patented motion simulation technology for the home theatre, video game, and movie theatre markets. We are optimistic about its future given the Company’s milestone agreements with Disney, 20th Century Fox, Hewlett Packard, Deluxe, and an undisclosed major multinational manufacturer.

Highlights:

Disney Will Release Blu-Ray Content With D-Box Motion Codes

D-Box announced another milestone agreement yesterday. Walt Disney Studios will incorporate the Company’s motion codes into select Blu-ray Disc releases, with the first release expected in January 2008. With 20th Century Fox and Lionsgate also embedding D-Box motion codes into their releases, we can safely say that Hollywood likes the kind of immersive movie viewing experience that D-Box’s motion technology offers.

Sales Appear To Be At An Inflection Point

D-Box reported a 100% increase in sales of home theatre and video game motion systems in Q2/08, and is guiding to $8.0MM in revenue in f2009, which is much higher than our previous forecast of $5.6MM. Growth is expected to be driven by new products, a reorganized sales network in the U.S., and expected sales through HP and speciality electronics retailers.

Reiterating Speculative Buy, $1.20 Target Price

We believe that the stock price at $0.51 does not reflect the progress D-Box has made and represents an attractive entry point.

Share
New Message
Please login to post a reply