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Technology Stocks : Conductus (NASDAQ: CDTS) superconductors

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To: Duke-N-Duke who wrote (330)8/20/2000 3:43:58 PM
From: John Finley   of 352
 
Yeah, I saw the warrant deal in their 10-Q announcement. I wonder why they didn't announce how many units would have to be sold to allow Dobson access to the entire 1/2M lot?
In order to earn the 500,000 shares, Dobson would be required to purchase significantly more than the minimum number of systems.

Intitially I thought it was a bad thing, but after some reflection I've decided it's OK. It isn't a cash rebate. Also CDTS, SCON, and ISCO are at the stage that they've GOT to get product out in the field in commercial installations. It's not analogous to the internets buying market share. It's a tried-and-true, old-fashioned business plan of actually selling widgets. Trouble is that unless someone checks the water temperature no one will go swimming <g>.

JF
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