To: DoubleOddBuck who wrote (724 ) 3/7/1999 12:30:00 PM From: Francois Goelo Respond to of 2513
DoubleOddBuck, Allied Signal are OLD NEWS, reheated and served again...DCHT already had an alliance with Allied Signal, if you are to believe the press release below. Could it be served again with a different spin to keep the share price on the "boil"? Or is there a genuine explanation? Up to you to decide! All I know, is that by following their PR recommendations: DCHT shares are an "extraordinary low risk opportunity below the $2.00 level", my investment has already lost about $4,500.00. No wonder, their unaudited financial statement shows that assets only exceed liabilities by $194,358 while they lost over $4 Millions in 1998! dch-technology.com VALENCIA, Calif., Feb. 9 /PRNewswire/ -- DCH Technology, Inc. (OTC Bulletin Board: DCHT) announced today it has shipped the first lot of its new Deuterium Process Monitor System. Deuterium is a variety of hydrogen and is used in both industrial and nuclear operations. This System uses the new Application Specific Integrated Circuit (ASIC) technology that directly combines gas sensors with Complementary Metal Oxide Semiconductor (CMOS) signal logic. This is a breakthrough in environmental safety and gas monitoring which will enable a considerable product quality and facility safety improvement in several industries. This product is the result of a cooperative effort with a Department of Energy National Laboratory. AlliedSignal was selected by DCH to fabricate these devices because of the unique capabilities of its Micro Technology Center to reliably manufacture complex CMOS devices. MTC is a world leader in CMOS technology. DCH Technology is a technology development and manufacturing firm specializing in patented and proprietary gas sensor and safety products that are sold to industrial and government customers worldwide. DCH's core technologies include the Robust Hydrogen Sensor, the Universal Gas Sensor and the Hydrogen PEM Fuel Cell. DCH safety detection, laboratory instrumentation and process monitoring technologies are currently being used by NASA, Westinghouse, Ballard, General Motors, Hydrogen Burner Technology, General Electric and many other large multi-national companies. The worldwide market for gas sensors is currently estimated at $1 billion and rapidly growing. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Statements in this news release looking forward in time involve risks and uncertainties, and actual results may be materially different. Factors that could cause actual results to differ include activity levels in the securities markets and other risk factors, such as customer order rates, cancellations, late delivery of customer components, production delays, dependence upon certain customers, dependence upon key executives, viability of quarterly results, single operating facility, competition, product liability risk, control by management, foreign currency fluctuation, and other risks detailed in applicable SEC filings. CONTACT: DCH Technology Investor Relations, DCHTINVEST@aol.com, 805-775-8120 ext. 11/ Web site: dch-technology.com For More information on DCHT and RAM Capital and a vivid picture of insider trading activity, please read earlier post #716, titled: Monsieur H2Oshinsky, or should I say Sir Alexx or Dr Harvey... Message 8174874 Regards, F. Goelo + + +