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Technology Stocks : AER Energy Resources (AERN)
AERN 0.000001000-90.0%Jun 3 3:19 PM EST

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To: Steve Black who wrote (470)11/15/1997 12:25:00 AM
From: Don Hess  Read Replies (1) of 621
 
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The management letter beats the dead horse - if not signalling the end of the company, it surely marks the absolute end of the quite stale hype which floated AERN's boat a while back. Everything now, from the elusive mirage of OEM agreements to the never achieved goal of making the battery lighter while upping its rechargeability are gone, and it is back to the drawing board. Rather than finding a niche and making a product to fill it, AER seems to have a product it has put its development money behind, only to search in vain for an application.

A curious way to run a business, especially on public money.

- Don
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