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Microcap & Penny Stocks : RHOMBIC CORP.(NUKE.Nasdaq BB) Daimler Benz Aerospace JV -- Ignore unavailable to you. Want to Upgrade?


To: sean who wrote (626)11/3/1998 4:35:00 PM
From: Trumptown  Respond to of 1364
 
Consider yourself lucky that you weren't here when Rockford was in the process of illegally selling off a million restricted shares...I'm enjoying the calm...but that should change soon...

SR



To: sean who wrote (626)11/16/1998 8:26:00 PM
From: Trumptown  Read Replies (1) | Respond to of 1364
 
Here's the latest from the Mariposa Newsletter:

"3. RHOMBIC last at .21 up .08 on 132,100 no position

Since the disasterous, I think, Mine-a-Max deal NR on June 2nd, my
sell ruminations June 15th at or close to the double and just prior to the Stock Detective's June 22nd not so flattering article the stock has been continuing to go downhill. A minor bump as Noble House "weighed in" helping immensley to explain the companies potential to more of the "investing community". Sources outside the company say the IEC standard production unit will be undergoing endurance testing soon which will be announced on the Fusionstar website, when it commences.
dasa.com
This is said , by the same source to be a milestone for the unit and
firm orders for shipments are expected in the first Quarter 1999. So
November may not be a good month for neutrons.
In light of the imminent commercialization of the IEC and Lynn N.
Duke's (staff writer for the Stock Detective and author of the derogatory article on Rhombic) odd comments concerning the IEC unit,
"Inertial Electrostatic Confinement, diamond film forced diffusion and the nuclear battery. Now no one disputes whether these technologies exist. But the claims Rhombic makes about its ability to make them commercially viable have the half-life of a cold beer at a soccer match."

I phoned Lynn Duke and asked her how she could reconcile that
statement on one hand with the fact she apparently interviewed Mr. Sved for the same article, the man that is commercializing the IEC unit for Daimler-Benz Aerospace, but failed to ask him about this very topic. She said that she could not remember the article well enough to comment, so I told her that I would send her an email with the relevant information and my questions. I will let you know the explanation for this lapse of objectivity in a later issue after I have heard back from her.
I also had some comments about just what the Rhombic "management" is
doing/not doing to increase shareholder value that I was going to include in this Packet(the management gets a copy), but I heard after that Mr. Owen is/has been in hospital and do not want to take him to task under the circumstances. Therefore I will just say that I wish him a speedy recovery and I will bring up my comments at some later date.