Liquidmetal Technologies Inc (LQMT)

[chipboarder]

GTAT is a different situation...Apple put them in a box with no escape...between Purchasing and Legal GTAT took the fall when Apple assumed that you could just slap a slab of sapphire onto an existing frame and everything would be OK..it needs to be engineered as a system!

Lots of first hand experience..BOT GTAT @12 and @7 and $4 for an average of 5.5. Stock ultimately went to 18..petered out sold @ $12 2 weeks before TSHTF. Not that much fun! Too much risk for only a 2-bagger.

GTAT's success was defined as a single application/single customer. LQMT is a technology bet on BMG. Some of the hurdles are similar..product is more expensive, has a significant learning curve, capital intensive and these all serve to slow adoption. It's easy to say "no" or "maybe later".

LQMT has many avenues to success..next week we could hear about canards from Lockeed or maybe fasteners from Northrup or maybe tendon repairs from ? or something we know nothing about from Europe. The manufacturing technique has many advantages but existing products have a defined manufacturing process and adoption of BMG molding will require a redefining of the process (which means change)...It fits better into a new application since it can be incorporated into the process from the start.