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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts

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To: LANCE B who wrote (21745)3/7/2000 8:40:00 PM
From: Chris J  Read Replies (1) of 25711
 
Lance, Some DD on CXOT
to show the parallel to BALB as far as float. Info taken from reliable RB poster.Symbol: CXOT
Float: 1.5 million
Insider owned: 87%
Fully Reporting
Profitable
HOME PAGE
www.commodore.com/separation/sepbot.htm
Business Summary
Commodore Separation Technologies, Inc. is a process technology company
which has developed
and intends to commercialize its separation technology and recovery
system, known as SliM. It
may be capable of effectively separating and extracting various
solubilized materials, including metals, organic chemicals, biochemicals, radionuclides and other
targeted substances from liquid and possibly gaseous process streams. Additionally, SliM can separate
and recover elements in
degrees of concentration and purity, which permit both the reuse of such elements and the ability
for the waste water or gas to be disposed of as non-toxic effluent with little or no further treatment.
Financial Summary
CXOT a development stage company, has
developed and commercializes its separation technology
and recovery system known as SLiM
(supported liquid membrane (TM). For the nine months
ended 9/30/99, revenues totalled $329
thousand vs. $19 thousand. Net loss decreased 61% to $1.3
million. Revenues reflect the
commencement of operations at the Port of Baltimore Hawkins Point Project. Lower losses reflect the
closing of the office and lower overhead costs

Hope this helps you decide if this has the same chance as BALB.
chris
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