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Non-Tech : Earthshell Corp. (ERTH) -- Ignore unavailable to you. Want to Upgrade?


To: Paul Berliner who wrote (41)8/4/1998 11:07:00 PM
From: DUKE  Read Replies (1) | Respond to of 409
 
paul, your convictions about this stock can be felt a mile away. I can't tell if your just a short who has done quite well, obviously, or you want to debate why or why not erth will succeed. My take on it is as follows
1. Esam is not his brother who has a shaddy past. That was the first short story circulated that is a old as my halitosus.

2. Esam has spent ten years working on this revolutionary technology
that can replace paper, styrofoam, plastic, wood, cement, you name it. He has also secured this technology with patents throughout the world. Obviously this would be a substantial cost one which the ipo took care of and left them with 2 bucks a share in cash.

3. ERTH is not competing with any other packaging companies directly. There so called competition is going to them to license there technology. They have already signed 4 packaging companies to license there stuff. ERTH receives a royalty and leasing revenues from these companies. Obviously the model that these packaging companies built before they signed the ERTH contract was favorable enough to the company that they did it.

Ex. Sweetheart, a packaging company, goes to ERTH and says they want there stuff. ERTH says we will buy equipment and lease it to you and collect 20% royalty. This way ERTH does not compete against anyone. Everyone can come to the party and play..

Let me know your thoughts on this and maybe it will become the mother of all longs.