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Technology Stocks : Superconductor Technologies : SCON
SCON 2.500+10.1%Sep 7 5:00 PM EST

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To: Jim@Inland who wrote (287)2/17/2000 3:37:00 AM
From: Jim@Inland  Read Replies (1) of 903
 
The prospectus is great reading:

"The offering price will be 3.25 per share"

"Superconductivity is a physics phenomenon"

"the markets for our products is intensely competitive"

"we need to raise money to continue operating"

"and if we fail to do so we will have insufficient cash to fund operations. our independent auditors have indicated that, based on generally accepted auditing standards, there is substantial doubt about our ability to continue as a going concern."

"If we are successful in obtaining additional financing, future dilution to existing shareholders is likely to result"

It goes on and on, more in a minute or two
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