Liquidmetal Technologies Inc (LQMT)

[The Paraclete]

The rumors about the demise of this company are greatly exaggerated. In fact, they are flat out wrong.

No company refuses to sell or to produce. No company is in the business of not doing business! It is not the company's fault that this new technology is so slow to catch on. It's all a matter of timing. All indications (primarily out of China) point to the fact that the time is growing near for these alloys to come into ubiquitous use.

I can't predict the timing, but I know that at their current burn rate, LQMT has enough money to keep them going for at least 4 years. It won't take nearly that long... not anymore: not with the adoption of the alloys in Chinese manufactured CE products. One thing we tend to overlook, by concentrating on whether or not LQMT will get into the CE market, is that the adoption of the alloys in one space will open up their adoption in many other spaces. And LQMT is well positioned to take advantage of that.

If management simply stayed the course and continued to pursue a failed business plan, that would be cause for concern. But facing reality by re-evaluating and re-vamping their business plan is a sign of good management.

Patience, fortitude, and a cast iron stomach: that's what it takes to stay long with this company.