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Gold/Mining/Energy : Altair Nanotechnologies
ALTI 4.650+0.9%Dec 31 3:59 PM EST

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To: tracy chelepis who wrote (197)2/11/1998 12:54:00 AM
From: Rajiv  Read Replies (3) of 603
 
Tracy,

My interpretation of the FACTS :

1. the people at prudential just put up millions of dollars to assist in the development of the jig
now lets just say people like this do their homework certainly better than most of us small investors are capable of


prudential has not invested anything in ALTIF and will most
probably never do so. using your homework logic, the fact that the
CEO is selling part of his holdings (he has obviously done the
most homework) is not a very bullish sign.

2. the jig is currently in commercial testing by several valid and large US companies and Universities
Again these folks would have no reason to test if the cost to run , grind etc were not appropriate for profitable operation and promising to their particular business applications


Companies like DuPont and BHP are huge - they will test any new
product in the market (it would be a very foolish business decision
on their part if they choose not to do it). The fact is that
they have not come out with any positive comments so far about
the jig.

Regards
Rajiv
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