Lithium Technology - LITH Message Board

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Technology Stocks : Lithium Technology - LITH

LITH 0.000001000

-99.0%

Jun 3 1:07 PM EST

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To: Chisy who wrote (190)	2/18/2000 10:20:00 AM
From: Tech Monster	Read Replies (2) of 215

Waiting Patiently. Personally, I think LITH is overvalued right now. Since they are merging with PLL soon and with a 14 for 1 conversion coming at Lith shareholders when they IPO on the Nasdaq later this year, the IPO would have to sell @ roughly $28 for investors to break even. So there are many unknowns in the whole equation...merger acceptance, NASDAQ IPO of Illion (new company PLL +LITH), IPO price, definitive product, contracts, capacity ...yada... yada... yada ! These are similar unknowns that were being asked by investors of VLNC. RB LITH thread has some good links, check it out. This stock is a buy @ $1.25 with lots of risk. IMHO

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