Catalytica Energy Systems, Inc. (CESI) Message Board

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Biotech / Medical : Catalytica Energy Systems, Inc. (CESI)

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To: cdtejuan who wrote (1413)	10/25/1999 11:10:00 PM
From: WTMHouston	Read Replies (1) of 1514

I, too, was thinking today about CTAL stock price performance (or rather the lack thereof). In mid 1997, it was priced higher than today. While I have been fortunate to trade in and out (not counting the core position) several times, and to always make money, I am, nonetheless, disappointed in the stock price performance. I still wonder what caused the last spike to ~$17. The early 1997 3 year prediction from one broker of $43 was seriously overly-optimistic. Heck, it has not even held $20 yet. XONON is very overdue. In 1997, they said late 1998 or early 1999. Obviously, that has not happened. I am very suspicious of the current earnings shortfall. If they carry business interruption insurance, as they claim, why will it not accrue this year? Not quite ready to punt yet, but getting very close. Troy

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