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Technology Stocks : Molten Metal Technology

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To: Liatris Spicata who wrote (306)	11/3/1997 8:57:00 PM
From: Richard N Lambert	Read Replies (1) of 421

Larry; Hi. I will respond even though I have not been following MLTN closely lately. Without checking I would think that their cash value is almost equal to or less than the market cap. However, I would not touch this stock until I see an earning report where cost is bought back in line with revenues and you see the other plant (Texas and Japan??) producing revenues. If this happens I would say at this level (below $5) MLTN might be a good play. I don't think anyone will be in a buying mood after the Lockheed partnership failure. And I would not hedge anything on future DOE work associated with either Idaho Falls or Hanford or anyother big DOE waste management project. This is my opinion and does not need any response from those who might wish otherwise. Larry...I would say playing at these levels may be worth the gamble if you want to play in this industry, however, there are others stock I am building my holdings with that I think have more potential then MLTN I don't plan to get in. Good Luck. Rich P.S. I just had new golf clubs made to hit the links again with the boys. I won a box of balls on one closest to the pin hole. Golf is so much better than bridge.

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