To: Scoobah who wrote (1981 ) 8/15/1999 1:55:00 AM From: Francois Goelo Read Replies (1) | Respond to of 2513
YAHOO Bd, THEY FOUND OUT WHO YOU REALLY ARE: "Avoid DCHT" by: milnoid 5285 of 5487 I used to believe that DCHT was a serious young tech company, with a small group of researchers and modest but sincere capital backing. I thought it capable of, perhaps, finding a niche in the expanding hydrogen fuel technology market. I even bought 1,000 shares at one point. I sold them. Why? I was wrong about DCHT. Apparently, it is a "company" based almost entirely on moving its shares (how big is the entire float, exactly, Steve?) to naive investors on the OTC bulletin board. It is a company that hires people like Oshinsky to write "analysis" for it. "Strong Buy!" (Gee, whatta surprise!) It is a company the places cleverly deceptive "investor information" on its website the leaves out the key facts (like the size of its float, the owners of the vast majority of shares, etc). It claims that most of its shares are "restricted", which really means that insiders can't sell them---until they damn well decide to. If the company were really on the up and up, it would have avoided outfits like "Ram Capital" and avoid the perception of a scam operation. (Now that Ram Capital, DCHT has cancelled its contract---too late, obviously). It would have issued a very small number of shares -- perhaps 25m. (How many are there, Steve? How many did they give you?) Granted, unlike PWRE (another dubious venture with hired "analysts"--and nearly 300,000,000 shares), DCHT actually may have "products". These, however, consist at least partially of "hydrogen sensors" that can in fact be knocked off by any of several dozen Asian companies manufacturing electrical sensors. And PEMs? How exactly is DCHT going to compete with Ballard, PP, AVA, UTX and NWP? It can't and won't. At some point, "fuel-cell" parasites like PWRE (gasp, I own 500 shares!--had almost forgotten) and DCHT will drop by the wayside, but not before a lot of unfortunate people (like Retired_1--- poor guy) lose their hard earned money to people like Steve O. Sad, really.