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Technology Stocks : GALTECH SEMICONDUCTOR MATERIALS CORP. (GTSM)
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To: gammaray who wrote (256)2/12/2002 4:32:59 PM
From: Mahatmabenfoo  Read Replies (1) of 394
 
--What is wrong with selling them, as you say, in a remote city of Albania

Because GTSM's supposed product has a very limited number of very sophisticated buyers. Sure, they might be some in China, or Albania or the Moscow Foot Massage Research Institute.... but

(1) any claimed sale there is more difficult to confirm, which is to say easier to make up. Many scam companies (ECO2, TXMC) have used this method

(2) the most likley buyers are local -- major familiar real name companies in the U.S.. If they don't buy, China, Albania, etc. are not likely to buy either.

Also consider that GTSM's SEC reports have explained for years that the company does not have money to make tests, and that it must make many tests before it can reproduce its semiconductor magic of 1987 (yes, 15 years ago) which it has not been able to reproduce reliably up until now.

- Charles
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