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 (958)	8/21/1999 8:53:00 AM
From: Ruby	Read Replies (2) of 1247

From what I was told, splitting the company allows for some cost-savings. the aim is to build 2 smaller but effient teams. They can still maintain common support services. Everyone is only upset because of repeated losses and low stock price. I am also. However, after 2 years, there is finally a shake-up. The people in charge hold the largest stake and are eager to make this work. What I see is they spent 20 million dollars in the past 2 years to build products that would make them independent.Depending on other large firms like DJ or NOrtel was hazardous. Today Kasten has less money but better viability. Most tech stocks like Kasten racked up huge debts in addition to qter losses. next year will be rewarding; Mike if you want out,go...the stock price won't suffer because you will be selling. Bottom line is that this company is in better shape today than 2 years ago!

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