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Technology Stocks : GALTECH SEMICONDUCTOR MATERIALS CORP. (GTSM)
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To: ROY SENDELE who wrote (245)7/13/2000 10:35:02 AM
From: Mahatmabenfoo   of 394
 
Thanks for posting that press release, but it is discouraging. Looking at the world through my (whatever the opposite of "Rose" is) colored glasses, the press release indicates:

- this company is dividing its time between an electric motor it can't afford to develop, and the wholly unrelated business of semiconductors

- the company finished a test in May and chooses to tell us about it now, even though testing has not yet produced a report

- after 10 years (including the company before its reorganization) the company sounds more like an underfunded research company than a development stage manufacturer. Where are the predictions of when production or sales might begin? How many cycles of multiple month long crystal growing followed by multiple month long evaluations will have to pass? And why should evaluations take months?????

- Charles
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