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Technology Stocks : GALTECH SEMICONDUCTOR MATERIALS CORP. (GTSM)

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To: Mahatmabenfoo who wrote (317)5/17/2002 11:07:21 AM
From: gammaray  Read Replies (2) of 394
 
You say "Gosh, you're smart!" but you may not understand that one need not be smart to understand the very basics of financial accounting. This would especially apply to a start up company like Galtech whose financial statements are straightforward and they are not as cluttered as bigger companies. This is why I recommend to you again to enroll in high school remedial accounting and you too can be "smart".

It is easy to twist and turn words and find contradictions from one paragraph to the next. However, it is not quite as easy to manipulate audited fincial disclosures. Maybe this is why you steer clear of them. So you can manipulate words from 1996 and personally attack me all you want; I have thick skin. However, the audited financial statements clearly show that $91,750 worth of r&d was accomplished in the 4th quarter which proves that you have been wrong in your repetitive claims over the last several months that funding only covers administration. Galtech is showing progress and that seems to bother you.
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