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Gold/Mining/Energy : KASTEN CHASE APPLIED RESEARCH.
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To: Ruby who wrote (955)8/20/1999 6:48:00 PM
From: Mike Hilliard   of 1247
 
I can't figure this out. Why the hell is everybody (well at least ruby) so gung ho about this thing. Shit, Kasten chase in my dictionary means red ink. It always has. When was the last time this company showed any profit.?? (i think there might have been 2 qtrs in it's recent history where the black was used.) Cash is burning up fast, management is walking away (Which i think is a good thing, leech had done squat for the bottom line for the last 5 years.) Kasten has developed these great tech's but their marketing sucks. It's the same as legacy. They couldn't market their technology at all and now I have no idea where they are. I'mn stuck with this crap stock right now. I bought in a long time ago, did some more buying at a lower price hoping to reduce my average cost and got trapped. If I sell I'm going to wait until the end of the year and take it as a loss for the good ol' 99 tax return. If it makes a run (yea..........riiiigght) then I am definately out. I can wait until october for this NYCT thing to blow over, and maybe KCA will announce a share dividend for the springboard project...or another nice .50/share dividend pay out as compensation for selling off springboard would be nice just like DISYS did 5 years ago. But my Christmas present to myself will be to get rid of this dog.
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