Applied Energetics, Inc. Message Board

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Technology Stocks : Applied Energetics, Inc.

AERG 1.865

+0.8%

Jan 16 9:30 AM EST

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To: ray_gun_joe who wrote (11)	5/6/2004 2:48:15 AM
From: ray_gun_joe	Read Replies (1) of 512

Below are some important excerpts from 3/30 conference call on pricing, sales, and market size. I believe long term investors with a time frame of 1 to 1.5 years will be doing very well when at that time the production lines will be fully operational and cranking out ray guns by the hundreds if not thousands. "We have started to produce demonstration systems that will be priced from 9 M to 20 M dollars each, depending on the specifications and mission requirements. We expect to deliver one or more of these systems in calendar year 2004. Once these first demonstration systems deliver results in the field similar to those achieved in Ionatron laboratory, we expect numerous versions will be ruggedized, fully militarized, and built as production devices for the Department of Defense and other government agencies. Our expected timeframe for start of regular production is late 2005 or 2006. We expect that development of new versions, upgrades, and on-going production will run concurrently for many years to come. We will also be continuing to work on other related Ionatron LIPC contracts and development programs." .... "Military planners and the major defense contractors have estimated that the 5 to 7 year market for LIPC technology is over 12 Billion dollars. The total market for all directed energy weapon programs over the next 5 or so years is expected to exceed 100 Billions."

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