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Gold/Mining/Energy : KASTEN CHASE APPLIED RESEARCH.

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To: Ichy Smith who wrote (948)8/20/1999 8:19:00 AM
From: Ruby  Read Replies (1) of 1247
 
The trains will not be cash flow positive for at least until end of 2000. That is one important benefit for the creation of springboard. Another benefit is the allowance of a strategic partner to be part of this new company; this was not as feasible with a company with 3 diverse products. Versapath and RASP have much higher profit margins and with the restructuring, we will show a profit in 6 months. We still own Springboard and will likely maintain at least 50% at the beginning. It is possible that Kasten shareholders will simply get equivalent shares of Springboard and the company will be fully divided!? It reminds me of having had Legacy and then getting Gamestrader and SOJ (now EKP). Suddenly I was able to see 2 healthy growing companies and my portfolio rose 10 fold in the year. In this case we have 2 healthy companies at the start. I think the final growth potential of both will be tremendous. TSD.ORG says a final leader for NYCT will be announced end of August.
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