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Technology Stocks : Molten Metal Technology

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To: Richard N Lambert who wrote (198)11/2/1997 9:52:00 PM
From: Liatris Spicata  Read Replies (1) of 421
 
Richard-
Can I entice (push, drag?) you back to this thread? MLTN seems to be selling at distress levels (closed at 3 1/2 on Friday). Which probably is reasonable, given recent earnings reports- and it's truly a stretch to call them "earnings reports". Anyway, I'd be curious if you think there is any real value in this company that will ultimately be reflected in the stock price, or is MLTN just on a death spiral while it dissipates stockholders equity? I half suspect the former is true- they are processing commercially, after all-, which might make the company a reasonable buy at this point.

The hype and hot money are gone, and I've wondered it someone might want to buy them. It would not be the first time there was treasure in trash! Any thoughts?- your previous comments on this company have proven to be prescient and may have helped make me the only person to make money out of the stock (other than, of course, Rose).

Regards,

Larry
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