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Technology Stocks : SI Diamond Technology (SIDT) -- Ignore unavailable to you. Want to Upgrade?


To: Observer who wrote (419)2/1/1999 10:48:00 PM
From: Joe Master  Read Replies (1) | Respond to of 623
 
I read the posts over there and I think the real problem lies with the supporters of this company.

Some ofthe data from raging bull that I can ascertain as facts or at least educated assumptions:

There is no way a company with new technology can produce anything with $170,000 in fixed assets.(let alone 20 million in sales).

The COO and President is being sued by former employer for some very serious charges.

The companies financial picture is that it is nearly bankrupt and has a total staff of 15.

The company chairman has lent the company funds to keep it operating the past six months or so.

They apparently have some technology that has a few people in the industry interested, so I am not saying they cant succed.