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Gold/Mining/Energy : Autumn Industries Incorporated (ATU-V)
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To: KenG who wrote (180)9/2/1997 10:56:00 PM
From: KenG   of 428
 
To All,
Rather ugly day on the ATU market. Byron is on 2 weeks holidays. Mr. Grant says that they are more or less grouping and considering next steps. Several calls today on trying to remove management, Directors, etc. Current management / Directors would not stand for that for then the past 12 months' corporate books would be open to review. Should be a battle or it could be a dead company, butr we still believe that the Vortex gasifier and IME remain some of the best technology and company. The market will be there as this gets cleaned up. We watch and listen.
Ken G.
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