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Technology Stocks : GALTECH SEMICONDUCTOR MATERIALS CORP. (GTSM)

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To: Douglas V. Fant who wrote (218)7/14/2000 12:21:46 AM
From: Mahatmabenfoo  Read Replies (2) of 394
 
Despite reports of "encouraging" results that the company has issued since at least February 2000, the company's output is NOT as good as it was in 1990 -- ten years ago.

Awesome.

- Charles

=============== From Galtech SB-2 filed 7/13/00

We have designed our research and development activities to reproduce the results of our 1990 production of a large, high quality monocrystalline boule....

To date, we have been unsuccessful in reproducing our earlier results.

Our operations depend heavily upon the expertise of William F. Pratt and David R. Porter.

Other entities employ [them...] full-time. Our officers have not been able to devote their full time to Galtech's affairs because due to delays in funding. Because of their time commitments, we expect that management will devote only part time attention to Galtech's activities,
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