DD links for ATCO: A "Sound" Investment:
Company website: atcsd.com
ATCO patents:
patents.ibm.com #05885129)
patents.ibm.com; (US #5889870)
164.195.100.11; (US #5,859,915)
164.195.100.11; (US #5,781,150)
ATCO/Sanyo contract PR:
biz.yahoo.com
HSS explained:
atcsd.com
Respected elders of the tribe:
ragingbull.com (Also at SI as "Savant", AKA Loose Cannon, extremely long, IMHO)
ragingbull.com (hasn't posted here yet, but seems very credible)
ragingbull.com (Very savvy)
ragingbull.com (Worth further observation)
Analysis update at smallcapresearch.com./news.htm:
American Technology Corporation Update (BB-ATCO)
Current Price: 4-15/16
April 6, 1999
Since our recommendation of American Technology Corporation on February 15, 1999 at 5-7/8 the stock went as high as 7-7/8. At the current price we feel this is a buying opportunity.
REASONS
March 1, 1999 - The Company announced an agreement with Sanyo Technosound, the new products division of Sanyo Electric Co., Ltd. The negotiations that ATCO has been talking about are beginning to come to fruition. Final licensing along with determination of which of Sanyo's old and new products in which to place SFT Stratified Field Technology, is under study and is expected soon.
March 3, 1999 - Woofer technology patents applied for. New, not redesigned, Magnified Force woofer technology demonstrates ATCO's continued efforts to stay ahead of the rest of the loudspeaker manufacturers.
March 30, 1999 - Three patents have been granted on the companies HSS, Hypersonic Sound Technology. Protection of ATCO's intellectual property is of prime importance to the company and it's licensing business strategy.
What caused the stock to decline from its intermediate high of 7-7/8?
At the March 5th annual meeting there evidently were a contingent of investors that expected an announcement that the company's new HSS technology was imminently close to licensing. This is not the case. HSS requires emitters not manufactured by the company. Delivery of the second generation of these emitters is expected soon. Disappointed short-term shareholders cannot be consoled so they sell with vigor.
Evaluation
SFT technology alone was the major reason for our recommendation of ATCO. The disappointment at the Annual Meeting is just a blip on the screen in view of the company's potential. We reiterate our buy of ATCO because we feel that negotiations have progressed in the licensing arrangements with the major consumer electronics companies. Success is nearer than further.
- Stan Farber
Recent PRs:
biz.yahoo.com (Woofer technology- 3/3/99)
biz.yahoo.com (Akai agreement)
biz.yahoo.com (HSS patents PR)
Feb. ATCO 10-Q:
sec.yahoo.com
Good post by JWP:
ragingbull.com
Older PR re HSS/SFT technology
March MM activity (April data available soon):
otcbb.com
We be hot:
otcbb.com |
