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Technology Stocks : ACII - AmeriChip International, Inc

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To: wso2 who wrote (1090)1/31/2008 12:56:12 AM
From: Ted M  Read Replies (2) of 2396
 
wso2, tonight I read the 10K very closely where it describes the cost savings of LACC. Many cost savings were listed, but I saw none that suggested a cost savings for the initial machining of a part that would use the LACC. Rather, all savings would be at the customer level after receipt of the part. Therefore I simply see no support for the idea that low-cost of machining accounts for these orders.

I was unable to view the video because I don't have flash. However, the 10K surely would have listed any initial machining cost savings if they exist.

As far as discussing the LACC revenues, I did find this, which supported my speculation about competitive reasons for silence:

"The Company is currently implementing contracts with major automakers and Tier One Suppliers as well as providing quotes for these companies as well as their competitors. Due to the highly competitive nature of the automotive industry, the Company’s clients have asked that no information with respect to the size and nature of the contracts be revealed to the general public and by extension their competitors. The Company will every quarter publish revenues and profits over the course of the next year. "

tedm
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