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Gold/Mining/Energy : Alternative Fuel Systems ATF:VSE
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To: Tom Jordan who wrote (674)4/5/1998 8:53:00 AM
From: Mark Bartlett   of 4605
 
Tom,

<<AFS is at a difficult stage. It is evolving from an R&D tech company with no money, to becoming a profitable business. Suddenly investors want the numbers to come together as if they (AFS) were on the TSE 300 index. Relax, patience will be rewarded.>>

You are absolutely correct .... trying to stick a valuation on this company, using those tools you would typically use for a TSE 300 company is pointless. At the moment, people are paying for the expectation they will complete the Mexican deal and others.

Thanks for the Daewoo site .... ATF technology ... note that it is advertised to meet Euro III standards - as the company literature indicates.

Best to all,

MB
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