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Gold/Mining/Energy : Energy Biosystem Corp NASDAQ-ENBC

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To: chris who wrote (282)	2/8/2000 2:26:00 PM
From: C E D	Read Replies (2) of 336

Chris, I agree it may be under $10 by weeks end, and yes there is risk here. EPA dead lines for reduced sulfur content are in place in stages. The company has had a generous portion of Gov. money. For this company everything hinges on the success of this bio process. That said, the upside potential is huge, enough for me to place a few coins in it at the right time. Some oil companies have placed some money here also, they have a vested interest in the process success. The current technique to reduce sulfur has sever limits to meet the new EPA requirements. This bio process may be used after the temperature and pressure process has removed a portion of the sulfur, or used in place of that process, which produces hazardous waste. This is not an investment for the faint of heart. BTW, I am not currently in this stock. Regards, CED ps. It hard to judge the desulfurazation cost savings here, the increased cost of using the old heat and pressure process to meet the new targets and the undesirable side effects are not fleshed out yet. MHO

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