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

To: gammaray who wrote (326)	5/23/2002 1:09:02 PM
From: Mahatmabenfoo	Read Replies (1) \| Respond to of 394

Since you are Norm's handmaiden now, let's see how the conversation directly with Norm is going.... - Charles ======================== ragingbull.lycos.com Fools? Let's give Normie a chance to repeat his view in its entirety.... -- I only need to point out that only a fool could tell us -- that cash flow does not include cash from stock sales. -- And who could be dumb enough to classify a bridge loan -- as revenue? Only a NYC ambulance chaser would not be -- embarrassed. Norm, it all dates back to when you said GTSM has enough "cash flow" to fund R&D and production, which GTSM by any measure clearly does not have. It also implied a steady reliable source of money, which GTSM did not and does not have. As to the loan -- it's unquestionably a disguised stock sale -- GTSM will never pay back the loan, just as it has ancient liabilties on its books for years it hasn't paid back. And for this "loan" GTSM is also in fact receiving shares -- it's just an accounting trick. Meanwhile, I don't see any AUDITED evidence GTSM received the money, and in light of its long history of deceit I don't believe it has. As to the personal attacks -- that's always your way to avoid the facts that you keep predicting sales, and for years your wayyyyy wrong. It's the substance of GTSM that counts -- and there isn't any. It's not even a very good scam -- just a parttime one, with parttime employees. Here's a clue: when company executives aren't willing to quit their day jobs because they don't trust the company's prospects, investors don't trust the company either. Or maybe you noticed? - Charles