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Gold/Mining/Energy : ZENON Environmental

ZEN 77.48

0.0%

Nov 21 4:00 PM EST

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To: Bannick who wrote ()	7/24/1998 2:44:00 PM
From: matt b	Read Replies (1) of 71

Just wondering what the historic growth in revenue has been for this company. I'm not sure how to justify a PE of 120, unless the growth has been explosive. I agree that pure water is going to be an huge industry, but there is a lot of competition. Pall, Osmonics, Koch, Ultrafilter come immediately to mind. These companies all have manufacturing capability in membrane filters. I'm sure there are many more.

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