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Technology Stocks : SatCon Technology (SATC)

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To: Cabrina Dieters who wrote (19)5/21/1997 4:54:00 PM
From: James Mortensen   of 440
 
Hey Cabrina (and all)

Here's the latest press release.
biz.yahoo.com

In short, it's a $100,000 contract with the military to develop a magnetically suspended gimbal.

Check out the final caveat emptor. I guess the SEC has companies running scared these days. I have some friends who have following SEXI, GIFS, and GRNO, all of which have been shut down at least temporarily by the SEC. For SatCon to contract with the military, they must have some close governmental oversight, so I don't have the same worries with SATC. Just thought it was interesting that the disclaimer at the end gets longer and longer.

Cabrina, do you know if that web site you posted is in some way subsidized by SatCon. Like you said, it was one big advertisement for the flywheel UPS.

Here's another link that is old news, but it provides an interesting look at the development of the Patriot flywheel system...
jar.com

Hope you're doing better. Jim
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