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Technology Stocks : ACII - AmeriChip International, Inc -- Ignore unavailable to you. Want to Upgrade?

To: wso2 who wrote (1965)	6/19/2008 3:08:53 PM
From: rushlong	Read Replies (2) \| Respond to of 2396

New PR basically says up until now americhip has had lousy unprofessional management with an organizational chart without clearly defined roles, responsibilities, objectives and performance milestones. In addition, Americhip has not focused on exploiting LACC business even though the LACC was claimed to be Americhip's ticket to riches. Doesn't it sound like Marc should be shown the door as new CEO's PR implies he failed miserably. Further, management reporting, control and accounting systems have sucked. Intent now to generate free cash flow for share holders...that means dividends...well we knew management sucked. I would like to know if Marc agrees with this PR...meaning does he agree his leadership has been a disgraceful failure. Is he eating humble pie? Is this PR true and accurate or pie in the sky fluff?

To: wso2 who wrote (1965)	6/22/2008 6:35:42 PM
From: Slapshot99	Read Replies (1) \| Respond to of 2396

Wso2, with all due respect, I don’t believe this last PR has anything new in it. Like other posters have said, it seems like the last four years were wasted if they are now all of a sudden focusing on LACC. Then there is this part: “We believe our technology will enable us to gain a long term competitive advantage in each of our markets.'' The patent runs out in about two years…then what? Who is going to develop the new technology that this company is supposed to be basing its competitive advantage on? The new CTO?? What a joke!! Who is developing the pipe technology? Marc? Ken? Roger? There isn’t anyone they have ever mentioned in any of their PRs who is currently at AmeriChip whose background is in applying lasers to metal to create chip control. (Or any kind of engineering for that matter.) And it’s not like they can hire just any engineer off the street to develop the technology. If it was that easy, everybody would be doing it and AmeriChip wouldn’t have any advantage at all. “…our intent is to generate free cash flow for shareholders.” So far, the old gang has only managed to generate free stock flow for themselves! (51 million shares to “consultants” in 3 months of 2004 alone, according to another poster on this board, all to companies that say RW and TB next to them.) Cash flow comes from selling something to someone else for a profit. What is it that they are going to sell if they don’t have any future LACC technology? Hell, we don’t even know if they can perform the LACC technology right now! Here’s another gem: “…with the help of our new corporate controller…”. What new corporate controller? Is this person so awful that they won’t tell us who it is? How much faith can they have in this “new corporate controller” if they won’t even tell us who it is? Perhaps they are not interested in the DD that the fine folks on this board provide! My guess is that whoever that person is, they aren’t new to Marc, Ken, Tony and Rhonda! Maybe they pulled him off the laser to be the new corporate controller…