Superconductor Technologies : SCON Message Board

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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: Street Hawk who wrote (735)	6/19/2000 2:34:00 PM
From: Brasco One	Read Replies (3) of 903

SCON competitor is monitoring the give away of products.------- biz.yahoo.com "George Calhoun, Chief Executive Officer of Illinois Superconductor Corporation, stated, ``Our disappointing quarterly sales primarily reflect two factors. First, the quarter's sales still reflect the effects of last year's turmoil at the Company. In response, we have been working hard to inform our customers of our strengthened financial condition and management team, our new line of innovative and smaller products, and our renewed focus on customer support. Since inception we have sold more commercial product than either of our competitors, and we are determined to resume our historic role as sales leader. "Second, our sales were affected by the willingness of one of our competitors to subsidize sales by issuing dramatically in-the-money warrants to customers. We believe that this tactic undermines their claims of product superiority and sales growth and is not the path to financial stability. We have declined to join them in giving away product. We believe our success will be driven by the superiority of our 2G and 3G products, in which we have great confidence. "

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