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Gold/Mining/Energy : KASTEN CHASE APPLIED RESEARCH.

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To: Goldberry who wrote (892)7/24/1999 12:12:00 PM
From: Ruby  Read Replies (1) of 1247
 
How could the train deal not happen? By the year 2001, not only should the stock be greater than 2.31, making conversion to common shares preferable, but 6.5 million expenditure or a slight dilution should not be a problem. Kasten has alreadt bought back 2 million shares. Once over 2 dollars per share the funds will step back in.
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