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

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To: Glenn Woodruff who wrote (359)1/8/1997 11:13:00 AM
From: Ariel Warszawski   of 621
 
Glenn, Nice to see you back. Hope you had a good holiday season. I agree with your stock price analysis. It is fair to say that AERN was by far my poorest performing stock of 1996. Also, many of the other recent comments on this board are damning but true. AERN has consistently failed to meet its announced deadlines(for product releases, for OEM announcements, etc.). On the bright side, AERN has consistently made technical progress. My big fear is that they are consistently aiming behind a moving target. As soon as they developed a good prototype capable of delivering 15 watts, the target has now become 25 watts, etc. It would be refreshing to see them get ahead of the curve for a change. I admit that my patience is wearing thin. But, I am sticking it out for the moment because I still believe that there is a large, latent, unmet need for longer-life batteries, and, as far as I know, warts and all, AERN is still the closest to a solution out there. Good luck to all. Ariel
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