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

To: Alfred W. Post who wrote (253)	2/7/2002 8:48:53 AM
From: Mahatmabenfoo	Read Replies (2) \| Respond to of 394

There is no polite way to put this: GTSM is a scam. There is nothing there. This should be obvious by now because: - it's only SEC-reported test since 1990 was apparently a failure. It never resulted in a written report, which suggests that GTSM prevented a report that would have been critical. Instead, GTSM issued a ridculous "white paper" based mostly on its "visual examination". - after the failed test, Pratt left, Verity reduced its funding, and GTSM lost its free rent. The remaining scientist -- Allred -- can't reproduce the supposedly huge breakthrough he first claimed in 1987!!!!!! And he's 76+ years old. Consider what those facts mean. The motor story is more of the same. GTSM now owns less of the motor than it claimed to own before -- and by giving it to an UNfunded company. Gee, another herioc success! Looks to me like I was correct that the company doesn't own the motor anymore because the patent was owned by a subsidiary that GTSM allowed to dissolve -- and GTSM made a settlement with the people to whom the patent might have reverted. My guess is.... GTSM will announce sales any day now -- probably with some previously unknown suburb of the capital of Albania, or some other dubious place or situation. Hey, as long as the scamsters are still working their magic, or trying too, maybe shareholders have a chance to get out.... - Charles