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Technology Stocks : GALTECH SEMICONDUCTOR MATERIALS CORP. (GTSM)
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To: ROY SENDELE who wrote (245)11/9/2001 3:08:19 AM
From: Alfred W. Post   of 394
 
I read of the deal Galtech has made with Mag Power. It sounds fine but what do you think about it. Again it seems to have little substance short of telling us clearly that funds to develope the patented motor are not availabel and nothing is said about the financial strength of MagPower. How do you assess the situation? Again the prospect of participaiting in future gains sounds good, but the prospect of comming sales and earnings seems to be far off.One good thing hoewever is, that yesterday the stock moved up some 13% in a down market and after the previous long slide. A reversal???. Fred
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