Advanced Deposition Technologies (NASDAQ:ADTC) is a
technology development company which appears to be on the brink of
a period of rapid growth in revenues and profits.
The Company has been focusing its development efforts on "standard
and proprietary metallized films for energy management applications".
Until recently, ADTC's primary customers have been manufacturers of
electronic capacitors, and the Company has just completed a key
acquisition which will expand its presence in this market and
effectively double its revenues in 1998.
However, a search for "higher value-added products utilizing its
proprietary technology." has opened up a variety of applications, one
of which is rapidly becoming more fully commercialized - the "Brown
& Crisp" microwave cooking bag. In addition, the Company has also
identified a number of other promising applications which could
become commercially successful in the relative near term.
ADTC has a strong position in the technologies which underly these
applications, through patents, industry recognition, proprietary
manufacturing facilities and marketing relationships.
Since the Company experiences significantly higher gross margins
from sales of this proprietary product, its sales growth should
translate into significantly improved earnings.
This is a Summary of an in-depth Analysis of ADTC, which can be
found on the Napeague Web Site at napeague.com. I
encourage you to read the entire Analysis as well as the Company's
investor relations information and its reports to the Securities &
Exchange Commission prior to making any decision to invest in this
or any other Company. The Napeague Letter will continue to follow
ADTC and will update this Analysis whenever new information
becomes available.
NOTICE
This analysis is based on publicly-available information, and is in no
way warranted by me as to accuracy or completeness. I do not
guarantee to advise you as to any change in this information. I
currently am a stockholder in this Company and may from time to
time purchase or sell this Company's securities. I otherwise have no
affiliation with this Company, and I am not compensated by it in any
way whatsoever. |
