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Technology Stocks : Startech Environmental (STHK)
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To: JohnO who wrote (27)4/17/1998 2:22:00 PM
From: Henry  Read Replies (3) of 61
 
I,ve got to tell you that it has been very amusing to see the promo job that has been orchestrated by Startech. It appears as though investors have once again failed to do their due diligence.

Startech has NO proven Plasma based technology. The whole problem here is that they have been signing contracts all over the place and don't have the technology to deliver agaist the proposals. Rumour has it that they are desperately trying to cover their buts by aquiring the technology they have proposed to have.

The only company that I know of that actually has the proven Plasma based technology is a Canadian based company Plasma Environmental Technologies - symbol PLAS. Check out these guys thread. Plasma has a patented process of destroying liquid hazardous waste and have had the environmental Protection Agency test their Parcon unit at the EPA test facility in North Carolina. The unit tested to an efficacy rate of 99.9999998%, on two separate tests one was for chemical weapons agents, and this was supervised by the us Military, and the second test was for hazardous PCB's and other such commercial chemical agents.

Bottom line is PLAS is about to become the leader in this field and have patended technology which has the EPA stamp of approval, Startech has dreams and since the Plasma based process is already patented isn't there a bit of a problem with cloning the process (If they are even capable of that). Personally I'm short this promo with it's "major offshore stench" and I'm long lots of a very real company Plasma.
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