Kafus Environmental (KS) Message Board

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Gold/Mining/Energy : Kafus Environmental (KS)

KS 34.95

0.0%

Dec 14 4:00 PM EST

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To: DCBEN who wrote (205)	1/26/2000 10:39:00 PM
From: Abuckatatime	Read Replies (2) of 229

Ben, Who knows, and I can't figure what it's going to take to turn the stock around. Maybe the co. could rustle up some institutional interest to take out some or all of those shares that have been sitting on the ask for weeks. I don't know of anything that's changed fundamentally. Riverside's experienced some ramp-up delays, as might be expected with a new tech, but should soon be a cash generator as projected. Lackawanna's near completion and its ramp-up should benefit from lessons learned at Riverside. Bio-composite's fibermat is apparently a big hit with the OEMs. Apparently reports of new endeavors aren't enough to bring in the buyers. If it's a case of "show me the money"...some evidence of positive cash flow that will validate the projections, we may have a little while yet to wait for the current trend to play out. I believe Q1 results will will show us at breakeven or better. Otherwise I would be shopping elsewhere. Greg

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