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Technology Stocks : GALTECH SEMICONDUCTOR MATERIALS CORP. (GTSM) -- Ignore unavailable to you. Want to Upgrade?


To: ROY SENDELE who wrote (245)7/13/2000 10:35:02 AM
From: Mahatmabenfoo  Respond to of 394
 
Thanks for posting that press release, but it is discouraging. Looking at the world through my (whatever the opposite of "Rose" is) colored glasses, the press release indicates:

- this company is dividing its time between an electric motor it can't afford to develop, and the wholly unrelated business of semiconductors

- the company finished a test in May and chooses to tell us about it now, even though testing has not yet produced a report

- after 10 years (including the company before its reorganization) the company sounds more like an underfunded research company than a development stage manufacturer. Where are the predictions of when production or sales might begin? How many cycles of multiple month long crystal growing followed by multiple month long evaluations will have to pass? And why should evaluations take months?????

- Charles



To: ROY SENDELE who wrote (245)11/9/2001 3:08:19 AM
From: Alfred W. Post  Respond to of 394
 
I read of the deal Galtech has made with Mag Power. It sounds fine but what do you think about it. Again it seems to have little substance short of telling us clearly that funds to develope the patented motor are not availabel and nothing is said about the financial strength of MagPower. How do you assess the situation? Again the prospect of participaiting in future gains sounds good, but the prospect of comming sales and earnings seems to be far off.One good thing hoewever is, that yesterday the stock moved up some 13% in a down market and after the previous long slide. A reversal???. Fred