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


To: nwest who wrote (2000)6/26/2008 7:05:33 AM
From: PJr  Read Replies (1) | Respond to of 2396
 
First off .... I hope everyone invested in this stock makes money. It's nice when patience is rewarded. I have a little gambling money in this one as well only because the "story" of the technology sounded appealing to me.

On the other hand, at some point an investor/gambler has to look at the promise of the technology. If, in fact, LACC technology can save 50% in manufacturing costs, why wouldn't companies be beating down the door to utilize the technology? I suspect that the knee jerk response to that rhetorical question would be, "They're just starting to. Look at the Eaton deal." But why not much sooner ..... with the kinds of savings and environmental advantages as advertised?

According to the gospel of ACII, every major manufacturer continues to incur twice the necessary costs to have their parts machined. This, even after allegedly GM and other companies of the "who's who" have had the technology demonstrated to them? Something is missing here. With the drubbing of the bottom line that the auto companies have been taking, they're not willing to enthusiastically leap at an opportunity to cut manufacturing costs in half?

Compound that with the musical chairs in the management team, the legal (and costly) litigation that appears to be inevitable, and the track record of dilution, and claims of business opportunities yet to materialize ..... should that kind of information best be swept under the carpet and not discussed openly?

I guess this turned into a summary of "bad news". I really didn't start out with this in mind, but I just have some difficulty in comprehending a point of view that says it may be in our investment interests to have this kind of odor masked. Are we suggesting that "misery loves company" and that maybe we can get some others to buy the stock if we could just keep company fundamentals from them? Yikes!!

I know the advice .... "if you don't like it, sell it." My initial small wager is now worth about a twelve pack so there's not really much point in that strategy. {G}

Pat



To: nwest who wrote (2000)6/26/2008 2:41:40 PM
From: BarclayDonaldson  Respond to of 2396
 
nwest: 'Twasn't me that posted that.

Although I do believe this message board doesn't have a significant effect on PPS. When jmhollen started pumping this thing three years ago, I think it did have an effect as he brought several investors at once and they were all buying, so the PPS went up. People trickling in over a year putting in $5k apiece (or ~250k shares at this rice) would not effect PPS all that much, IMO. That's only a few million A YEAR and the float here is too large for that to make a significant difference.

I would hope that people looking at seriously investing in this (or any) company would check the PR history (for track record of delivering on expectations) and more importantly, SEC Filings for financial/funding information. I think anyone that did that with ACII would probably stay away at the moment and wait for the management situation to sort itself out and for some more LACC sales - way too risky right now, IMO.