Functional Technologies Corp FEBTF

RE: Are investors walking away

[skyhi0]

Probably..... but not because of lack of potential. Just a lack of guidance. Good question? Seems to me they have hired a lot of high priced talent over the last year... adding to the burn. Its kind of like a Gold play.... lots of run up during the exploration. Once they have a significant find ...off to feasability. Then they decide to build a mine and you might as well go away for a year or more because with no guidance and news its all about the "burn" until the first pour of gold. Its unfortunate because this is really a good science and the outcome will be fabulous one day but in the meantime the usually pro-investor management here has fallen asleep with respect to its shareholders. What was once a play with anticipated sales/revenues begining in 2007 has now become a coin toss as to whether or not there will even be meaningfull sales in 2008. (they are off building the mine). You might as well come back q3 or q4 2008 if they are communicating or making calculable progress. Alternatively you can fish around and probably accumulate cheap shares ... perhaps down to the .70 range where there seems to be some long term support. But if you like to speculate who knows... it may wake up.