KASTEN CHASE APPLIED RESEARCH. Message Board

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Gold/Mining/Energy : KASTEN CHASE APPLIED RESEARCH.

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To: Ichy Smith who wrote (934)	8/13/1999 3:16:00 PM
From: Professor Dotcomm	of 1247

No, I did not see the news of Jim Leech leaving. As an independent outsider, most of the running since the merger seems to have come from the Disys half: the postal contracts, the wireless technology, even the lion's share of the NYTC contact. The Kasten half gave us the Dow contract which fell to pieces plus all sorts of hi-tech stuff which made headlines but which were notoriously lacking in profitable and recurring revenues. What happened to Nortel? What happened to the Chinese adventure? What happened to the remote access terminals? On top of this the old Kasten has this block of preferreds which (IMHO) should have been converted into risk common after the merger, tax wise, had been completed. No, I think senior management blew this.

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