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Gold/Mining/Energy : KASTEN CHASE APPLIED RESEARCH.

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To: Goldberry who wrote (888)7/23/1999 12:40:00 PM
From: Professor Dotcomm  Read Replies (1) of 1247
 
You are probably right that it is a non-issue. However at $2.23 a share it still would empty KCA's coffers if they had to buy these out for cash. The alternative? Well it looks like some 10 million or so common shares, right now, to get them out of the way. That represents close to 20-25% of the shares outstanding. Let's hope the stock moves up before that.
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