Mason,
No personal offense intended.
I do take offense to inaccuracies being stated as facts and I attempt to provide information which I believe correct. I further try to qualify the source, including when something is just my opinion or if I'm recalling something from memory rather than reproducing it from an original source.
I am more than happy to share info with all.
I am grateful to see any new facts - bullish or bearish.
Re PGILD: To my knowledge it's still in Beta, I don't believe that we'll see any sales this year. That doesn't lessen the product in any way, shape or form. Similarly, the UltraBeam product will probably record 1 sale this year which will be announced with the next earnings report.
Listening to Art's audio, UTEK doesn't record any orders in its backlog until after the first installation has been successfully completed and fully accepted by the customer. I would expect to see two very large jumps in backlog during the next 3 - 9 months and corresponding jumps in the stock price.
If anyone, yourself included, chooses to hold different beliefs than I do, that is perfectly acceptable. I feel no need to "persuade" anyone of anything. As I said earlier, it's your/their money. I don't make any recommendations as to how or when anybody should invest it. It's tough enough deciding what to do with mine.
I expect each of my Semi Equipment holdings to more than double from their current prices within the next 2 years. I'm quite willing to put up with volatility during that time.
With respect to UTEK, its trailing twelve month sales are about $167M. Art expects $1B by 2000. Say he only comes close and only earns $700M by 2000, do you believe that 4X the sales will result in a stock price less than $70.
Say Art hits a couple home runs (both PGILD and E-Beam tools are fabulous hits) resulting in annual sales exceeding 1.3B by YE 2000. Do you think it would be unreasonable with that growth rate to see a price in excess of $140?
The above is just an exercise in arithmetic. I'm willing to hold my UTEK position for 2 1/4 years and see what happens.
Whatever you decide, good luck,
Ian. |
