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Microcap & Penny Stocks : DCH Technologies (DCH) -- Ignore unavailable to you. Want to Upgrade?


To: Sid Turtlman who wrote (1525)5/17/1999 1:22:00 AM
From: Dan B.  Read Replies (1) | Respond to of 2513
 
Sid, IMHO DCHT's press release on Antaeus is a bunch of nothing- save that it informs us of possible business in the future- which is good. It's mostly vague and useless otherwise. "...Revenues...going into the millennium" is ambiguous- a big nothing. You can say you think the phrase means a time prior to start of the next millennium since after it starts we are no longer "going into it." But I can plausibly say we are still going into it after it starts; we are still going into it all the way until it ends just like going into a file covering a period of time to look for revenues- or going into a period of history which it is. A millennium is a time period covering a hundred years. I can say "I'm turning over a new leaf going into the millennium" and in that way I'm not doing anything 'til after it starts. AMBIGUITY....I hate such BS press as much as you do.

What's obvious to even neophyte investors I dare say- is that NO CLEAR TIMETABLE FOR REALIZING REVENUES THROUGH ANTAEUS IS SET by those words. I noticed that right away, didn't you? It's BS press in that regard. But it's not a lie.

Also, DCHT simply DOES NOT pretend anything for the current business of Antaeus. The normal accepted standard for a press release WOULD say something about the status of Antaeus- this one did not. "This is not some bizarre reading of the paragraph, I don't think. It is what a normal
reasonable person familiar with the English language and the conventions of press
releases by public companies would think that the paragraph means." If you think the phrase "going into the millenium" coupled with NO information explaining the status of an obviously unknown company are things that are interpretable according to "the conventions of press releases by public companies" I think you've been reading some really crappy BB press releases too long.

You are building a case out of what you imagine the totally naive gung-ho investor might think rather than out of what was actually said. It ain't pretty...but I don't think you've got a anything here save that it was far less than forthcoming and not befitting of an honest outfit. Making things look good in search of capital? Whatever. It's not illegal. "DCHT...might
want to make some wishful thinking look more solid than it really is." Yup--it's not illegal. Stupid I'd say, but not illegal. On the positive side if you read the recently posted explanation of Fuel Cells and DCHT's potential business you find a very good and honest explanation of the downside right from DCHT.

There is no truth to your statement "If you believe that DCHT is telling the truth, then you have no choice but to
believe that MTEY is dishonest"

NOTHING in DCHT's release contradicts MTEY's filing that I can see...DCHT's press release virtually claimed nothing definable save that Antaeus will use DCHT sensors in it's system and that at some very unknown point DCHT estimates revenues of a million a year from that application.

You should apologize for some of your statements here IMHO.