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Technology Stocks : Micromem Technologies ***MAG-RAM*** ( MMTI) -- Ignore unavailable to you. Want to Upgrade?


To: Kenneth Olson who wrote (71)3/2/2000 9:08:00 AM
From: Jeff Vayda  Read Replies (1) | Respond to of 95
 
All: Just an observation/comment. Honeywell worked on this technology years ago, only to abandon the effort. Did they reach a point where they could go no further because 1) They hit a technical wall they could not breach? 2) They realized Micromen had the necessary patents which would prevent Honeywell's success? 3) They did not see profits? (timely or otherwise)

Now years later, they get in a deal with Micormem. That would seem to rule out number 3 and it makes numbers 1 and 2 moot.

So we have a very well established technical concern who spend money on a technology and for whatever reason decided to stop the effort. Now they are teaming with another company perusing the same effort.

This can only be a big positive IMO.

Jeff Vayda