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Technology Stocks : SatCon Technology (SATC) -- Ignore unavailable to you. Want to Upgrade?

To: caret who wrote (148)	3/27/1998 12:29:00 AM
From: bigcue	Read Replies (1) \| Respond to of 440

I'm not short on the stock; but having purchased the stock over 4 years ago I do wonder about its viability. For instance, whatever happened to: 1. Its Jan 1993 letter of intent (elsewhere described as SatCon's "first exclusively commercial contract") with Advanced Medical Systems for the joint development of cardiovascular medical devices, or 2. Its July 1993 agreement with Chrysler Corp for the development of innovative new vehicle drive train components, or 3. Its Dec 1993 agreement to "develop advanced power steering components for production", and 4. numerous other announcements over the years which don't seem to result in the generation profits or equity appreciation. I'm not ready to bail out yet, but after four years I think I am entitled to show a little impatience with this company, its Magic 25 rating by Individual Investor magazine notwithstanding.