Micromem Technologies ***MAG-RAM*** ( MMTI) Message Board

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Technology Stocks : Micromem Technologies ***MAG-RAM*** ( MMTI)

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To: wily who wrote (4)	5/4/1999 11:32:00 PM
From: Mani1	Read Replies (1) of 95

Wily, Re <<Isn't that a rather compelling number: $5 Billion market and only 2 companies going after it -- Honeywell and Micromem, both possibly in production within 2 years>> Wily, I continue to be very skeptical. It is a 5 Billion market indeed but it did not happen over night. EEPROMs are a very mature industry, cheap to manufacture and are very reliable. "MRAM" is still very very experimental and I would not imagine in my wildest imagination that it would replace any sizable part of the EEPROM market over the next 10 years. MRAM development still is mainly done in universities and government funded projects. I think it is way too early to make a bet on MMTI or similar company for their involvement in MRAM. I will continue to follow this development since it could potentially provide a very good opportunity to make some real money. But you must be patient and let it develop. It is too early to get in IMHO. Regards, Mani

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