DCH Technologies (DCH) Message Board

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Microcap & Penny Stocks : DCH Technologies (DCH)

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To: Scoobah who wrote (2100)	10/30/1999 11:23:00 PM
From: Sid Turtlman	Read Replies (3) of 2513

"this company chooses equity finance over debt" That is a funny way to put it. Who exactly is doing the choosing? It couldn't be that no one will lend the company a nickel, so it has no choice but to keep pumping out the shares to stay in business? As to appropriate market cap, each investor can form his/her own opinion. DCHT's precarious financial state and inability to fund more than minuscule amounts of R&D would explain why investors give it a market cap so far below the real fuel cell companies. Your continual suggestion that this is somehow unfair does not take those factors into account. As I have said before, were DCHT to raise a significant war chest of funds to do the R&D that will be necessary to be competitive in the long run, then that would be a different story. Please let me know if it ever happens.

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