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Technology Stocks : ACII - AmeriChip International, Inc
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To: nwest who wrote (1283)2/29/2008 5:25:58 PM
From: BarclayDonaldson   of 2396
 
nwest: Good point.

If by the middle of the year they don't have the "big" order, or orders from the two big companies they've been hyping lately, I think that will be the final straw for most people posting. They are allegedly progressing based on recent PRs, that progress either has to result in larger contracts they've led us to believe are possible with this technology. If not, there won't be many left to sell shares to, and all indications are they'll still be selling them.

We'll see in mid-April how revs have picked up (and if those EDI numbers PRd were in addition to the $1.25M guidance). We'll also see how many more shares they unloaded in a month-and-half. That might be a good time for re-evaluation. I don't think people should throw in the towel on this just yet, as you said the numbers came in very close to what was expected (although what was expected share count wise was not pleasing to begin with).
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