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Gold/Mining/Energy : Crystallex (KRY)
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To: flightlessbird who wrote (5744)2/25/1998 5:00:00 PM
From: viper  Read Replies (1) of 10836
 
Cannot even fathom a win at this point. We would simply have to
evaluate the decision, which at the best for KRY would not be clear cut, and for the 100th time is only an appeal-2years away from final.
If in the end they were successful, they are too expensive to buy out
so you would need to look at a J.V. arrangement and evaluate that. We
think at best the stock on a win in 2 years would be $15.00 Cdn after
dilution etc. There is no stop loss point at this time. This is still
in our opinion an excellent short opportunity with limited upside in
any event, and significant downside should their appeal be denied.

Thats the best I can do for you. Pleasant dreams or nightmares.
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