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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: Lionel Parker Perkins III who wrote (484)2/28/2000 11:31:00 PM
From: Tom Hua  Read Replies (2) of 903
 
SCON is no better than KTEL. Their financials are both stinky. Both were on the verge of being delisted by Nasdaq. SCON has not made a dime, in fact lost $36 million since inception. The superfilters are nothing new, SCON has sold 200 of the same filters over the past few years. How much revenue did they generate? It's about $18,000 per unit, you can figure it out. Total revenues from commercial products are less than $1.5 million per year. Does that sound reasonable for a filter company with $1.2 billion in market cap?

Regards,

Tom
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