Liquidmetal Technologies Inc (LQMT)

[Watts Watt]

Steipp was clear about how revenues would be obtained in the future:

1) R&D and low volume commercial runs with high margins by LQMT RSM

2) High volume commercial runs, lesser margins via CLM

3) High volume commercial runs, low margins, by End Customer in house manufacturing

Anyway you look at it, I don't see LQMT revenues ever being block buster based upon the way Steipp and Company have set up this scheme.

All of the CLM's will be squeezing margins, since each CLM is a potential competitor of each other.

Further, in house operations will have their own squeeze factors, as well, and introducing new technology to in house customers will de facto limit the upside in negotiating for LQMT, the senior management of which is so very, very, very prone to give-aways just to get something going.

Good luck to all longs, who, the longer they become, the smaller becomes their purse and expectations for HUGE profits and capital gains.

Ooops, sorry to let anyone confront such views on a Sunday morning when everyones hopes are so high.