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Technology Stocks : Applied Energetics, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: ray_gun_joe who wrote (2)	5/3/2004 4:35:01 AM
From: ray_gun_joe	Read Replies (1) \| Respond to of 512

An older article from Barron's by the same author, Bill Alpert, published 4/10/04. He seems to have his doubts about Ionatron in both articles, but time will tell if Ionatron is the real deal or not. investing.schwab.com

To: ray_gun_joe who wrote (2)	5/20/2004 6:50:17 PM
From: big-joe_5216	Respond to of 512

"Thunder and Lightning" The link is dead but here is the text:) MONDAY, MAY 3, 2004 TECHNOLOGY TRADER By BILL ALPERT RECENT COLUMNS Ionatron is gunning for Taser International, the stun gun maker whose shares captivated investors -- at least until recently (see "Sure as Shooting?"). Some would have you believe the selloff reflects skepticism that Taser can put a stun gun in every deputy's belt loop...and hip pocket...and shirt pocket. I know different. I think Taser investors saw the cool pictures filed at the Securities & Exchange Commission on Wednesday by Ionatron, a ray-gun rival of Taser. Ionatron's filing shows the first public images of a technology that it calls "man-made lightning." The Tuscon-based company says its weapon can stop a car -- or a person -- with a laser-guided bolt of electricity. The Taser, by contrast, must first spear its victim with a charged projectile. Ionatron filed the pictures at the SEC, before showing them to shareholders at a Thursday meeting in New York City. As expected, the shareholders blessed the merger of Ionatron into a publicly held shell company. Ionatron and its weapon are the brainchild of former executives from Presstek, including Robert Howard -- who paid $2.7 million in 1997 to settle SEC allegations that he touted Presstek with false statements. Howard neither affirmed nor denied the allegations. Ionatron's presentation has pictures that look impressively like scenes from The Terminator and Star Trek. Hold on -- they are scenes from Star Trek. The pictures must be showing the company's Next Generation product. Ionatron clearly makes good use of the SEC's safe harbor for presenting forward-looking information. The Ionatron promoters aren't too forward-thinking to ignore the recent bubble in Taser shares. Among the virtues of its own business, Ionatron lists the public acceptance of "Tazer." OK, ray-gun builders don't have to be good spellers...but I do hope they proofread their blueprints. Ionatron says that its current prototype can fit in a Chevrolet Suburban. That may please soccer moms, but stock analysts like to find "comparables" and they won't be satisfied until Ionatron and Tazer (I mean Taser) can settle their rivalry in a Dodge City showdown. Ionatron must have heard their cry: It claims that it is designing a "man portable" device.