Astrotech Corp. (ASTC)

[bfuzzy]

Ten years ago I would have agreed with you...but a lot has changed in 10 years in the mini mass spectrometry market except for 1st Detect. There are quite a few competitors out there who have teamed up with bigger industry leaders who posses substantial amount of money and man power to develop this product line. There is no evidence that 1st Detect possesses anything...they have not sold a single commercial unit ever, ever in their 10 year history...not even to NASA who more or less gave them the technology they possess today and nearly 2 million dollars to help develop it for their space program, (NASA ended up buying a mini mass spectrometer from Swri) --what does that tell you?

1st Detect will be completely out of cash by the end of the year unless a "highly" dilutive financing action is taken....which at best would net them 20--30 million dollars...enough to putter around for another year or two at best.