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

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To: Alan C. Zezula who wrote (597)11/1/1998 1:03:00 AM
From: Glenn Woodruff  Read Replies (1) of 621
 
How much money did Duracell pay for this "technology"? Nothing!

And in business, don't we use money as the measure of interest and success? And how much will they be paying in the future? Take a guess.

AER is dominated by one person, the CEO. His new strategy is licensing "technology". And so we need to look at the technology: 5 products launched in the past 5 years at a cost of $50 million. Results: Zero sales! And no wonder, they were terrible products.

Duracell is just covering its bets with this move and AER is the pawn.
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