wpckr, Why aren't DCHT financials released, as promised yet?
And why H2Oshinsky received another batch of shares he is going to dump on the market as soon as he gets an opportunity?
And why DCHT continues to pay its rent by issuing shares? Can't they get a bank loan, like everybody else?
And wpckr, since you also post on RB, I am going to re-post all my previous posts on this Board to the RB Board in order to give them a reality check. Fair is fair and balance is in order, since Hype is flying high on RB.
How can you say in the same breath, without bursting into laughter:
"although DCHT only earned $160,000 in 1998 and had $4.2 Millions in losses, it provides an extraordinary low risk opportunity below $2.00 for short term traders".
It is absolutely beyond belief!!
"We rate DCHT a major long term buy for aggressive investors.
Trading Strategy
For short-term traders we feel an investment in DCHT below the $2.00 level, provides an extraordinary low risk opportunity with a short term upside potential to the $3.50 to
$ 4.50 resistance level.
For long term aggressive investors with a high-risk tolerance we recommend buying up to $5.00 and holding for long term price appreciation into the $12.00 to $15.00 level, or more in Y2000.
As of Feb. 15, 199 Related Industry Comparison
Market Cap /1998 Revenue /Net Inc./Loss
BLDPF $2 Billion plus /Cdn$ 25Million /Gain $800,000 Cdn.
MKTY $140,000,000 /U.S.$ 21 Million /Loss $ 4.3 Million
PWRE $ 36,000,000 /No Figures
MHTX $ 40,000,000 /No Figures
DCHT $ 11,000,000 /$ 160,000 /Loss $ 4.2 Million
Note: Price projections are based on the multiples of comparable companies in the fuel cell sector, as there is no basis for comparison in the hydrogen and gas sensor industry.
Note: DCH Technology has targeted April 1, 1999 to become a fully reporting company.
While it can not be guaranteed they will meet that target, the indications are positive.
For more information contact:
Steven Oshinsky, GM
RAM Capital Management
Email: RAMCapMgmt@aol.com
Fax: 561-394-9695"
By the way, if anyone wanted to know how much rent DCHT is paying, check the insider trading filings of the Socoloske, who are allegedly the Landlords: in round figures, $637,000 in about 9 months.
And if/when the financial statements are ever tabled, we will have a good test of the mettle of all the die-hard longs. My prediction is a mad rush for the exits, unless Oshinsky decides to leave the Company, in which case there might still be a glimmer of hope...
Regards, F. Goelo + + +
For further information, please, read the following relevant posts:
#reply-8174874 #reply-8196418 #reply-8238077 #reply-8266295
#reply-8300915
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