SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 50% Gains Investing -- Ignore unavailable to you. Want to Upgrade?


To: Dale Baker who wrote (16606)3/10/2000 3:28:00 PM
From: MahatmabenfooRead Replies (1) | Respond to of 118717
 
SCCIE

Has superconducing play tiny SCCI crossed your notice yet?

Below is an analysis by "Crossy", seen on RB now and then, and a fellow that appears to favor hi-tech, hot sector, OTCBB stocks that have a chance of becoming listed. So much for *my* DD -- in this case it's mostly reading Crossy.

But I got the post below after someone else already re-posted it --- so I don't know if it's Crossy's opinion now. And as timing would have it, SCCI just became SCCIE today -- having been sent to the pink sheets for reasons I don't know (too small capitalization, I think). Because the float is so small, the stock price had done a wild dance during the past month, but even after delisting it's settled around 10.

If you (Dale) or anyone has views about this, I welcome them....

- Charles

=============================
SCCI It's small but actually profitable right now. I like that they have their strength on the materials side of Superconductors, unlike most other major SC plays on major exchanges which are more into wires & vertical markets: IMG, AMSC, CDTS, SCON, ISCO. Last fiscal year, revenues ran around $2 million US-D.
they have 2 divisions:

1) SUPERCONDUCTORS (SMES, power, wire etc.) : superconductivecomp.com Right now they do supply IMG (Amex). Their strengths are proceessing patents for the ceramics side of superconducting and Magnetic SC discs for Flywheels / Gyroscopes & SMES applications

2) TARGET MATERIALS: targetmaterials.com optical coating, thinfilm, laser ablation substrates. This goes straight into fuel cell, solar power and possibly TELECOM applications -> does this ring a bell <g>. This is a non superconductor operation and reflects the fact that SCCI had its origins in advanced ceramics. They had a cooperation with NANX for bulletproof vests. In this process SCCI acquired important capabilities that directly should benefit this division in the future.

I don't really have a target on this one but it could be quite attractive based on its current tiny marketcap. According to the company there are around 800 shareholders holding the stocks in the float as of now. Maybe they should split 1:3 to increase the float to the requirements (for AMEX trading) outlined below and move the stock to the AMEX for which they should qualify : amex.com

regards
CROSSY