CXI-Commodore Environmental Message Board

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Strategies & Market Trends : CXI-Commodore Environmental

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To: Lawrence Burg who wrote (1618)	6/30/1999 8:58:00 AM
From: KewlHand	Read Replies (1) of 1755

I've been doing a little digging/asking around on GEI, it transpires that the way it will all work is: Commodore will establish two new LLC's, one CGES will take the assests of CASI and the SET group, the other CGEG will take the current contract to aquire GEI. I gather they are expecting the GEI group (CGEG) to make 6mm profit in FY2000!!! not bad! and CGES (CASI + SET Group) $2mm!! All this before any futher contribution that the third LLC (Teledyne-Commodore) may or may not make if it gets the Chem Demil work. I know extra stock was/is being issued for the GEI aquisition, but even without doing the sums, 8mm profit should establish a fairly healthy stock price! Don't ask me my sources as you may be offended by my answer! ;)

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