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Technology Stocks : ACII - AmeriChip International, Inc

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To: imherenow who wrote (1453)3/20/2008 2:56:19 PM
From: BarclayDonaldson  Read Replies (1) of 2396
 
imhere: It's one thing for the company to be raising revenue, but it's something else if they are raising it outside the company's stated focus. This company is primarily about LACC.

Several years ago, the CEO projected nine-figure annual revenues based on using LACC. I believe the number back then was $250M. Their website still touts an annual revenue goal in the nine-figure range, but they've scaled it back to $100M. Does anyone honestly believe they can come even close to that with just KSI? I don't think so. They would be lucky to do $10M annually with KSI.

Until they PROVE LACC is a viable product capable of delivering faster, "greener" machining in a production environment, revenue growth will be minimal and the PPS will continue down as they dilute, IMO.
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