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Microcap & Penny Stocks : BRAINTECH (BNTI)

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To: gusher who wrote (1475)8/14/1998 10:12:00 PM
From: Maakamil  Read Replies (1) of 2084
 
Yes, I bought additional blocks at .42 and .44. IMO it's just shy of stealing candy from a baby at these levels.

Regarding Scott's comment on revenues, two thoughts: First they are bringing in revenues--they've been paid all along for the Epson work, and the med device co and the food processing co have paid them to develop the prototype thus far, even with no contract yet. I'm sure they're not getting rich off of it, but hey, it's a start. Second, if they have a viable technology, which of course we believe they do, they would have to be utter morons not to become profitable sooner than later in this industry sector. Demand for cost effective machine vision technologies will be increasing exponentially in the months and years to come. So to say they'll never make any money at it is pretty hard for me to grasp. Of course they've failed to live up to some of their promises--I've yet to invest in a company that could bat 1000 in such matters.

Maakamil
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