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


To: gammaray who wrote (356)6/14/2002 8:07:52 PM
From: Mahatmabenfoo  Read Replies (1) | Respond to of 394
 
Let's see....

I said that GTSM said this...

3. 1996 (approx) we have $10m for motor

I got that from an article headlined "Galtech Semiconductor Materials Corp. signs $10 million deal with Adams & Associates Ltd." And you are quite right. The article says "Adams & Associates is PLANNING to invest $10 million" (emphasis added).

so you think you "got me"? The article goes on to say:

"Russell Chapman, chief executive officer of Galtech, stated, "This vehicle could
do for the electric vehicle industry what the model T did for the automobile
industry." Larry Adams, CEO of Adams & Associates, stated, 'This deal has
more potential than any other deal that Adams & Associates has ever been
associated with and I am very excited to be a part of Galtech.'"

hysterical! that's like this quote by Allred (might was well get this one word-perfect too):

Galtech Semiconductor Materials Corp. has announced a major breakthrough in the
growth of gallium arsenide. ''This is perhaps the most significant breakthrough in
techniques of compound crystal growth in the past 34 years ... possibly the most
significant breakthrough since crystals have been grown,'' said Worth P. Allred, noted
crystal growth specialist, senior scientist and head researcher for GSM.

but the first quote is from 1996 and the second quote is from 1987. GTSM made boasts of gigantic accomplishments, but what it really accomplished is zero.