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Strategies & Market Trends : CXI-Commodore Environmental

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To: hcm1943 who wrote (859)5/20/1998 1:50:00 AM
From: Russel W. Kennel  Read Replies (1) of 1755
 
Per call to Melissa today. No more financing needed until revenue flow, so no more convertibles or dilution. Expecting the June demo program to provide the needed cash until real revenue. Also, affirmed sales efforts to private enterprise.

Incidentally, is the market going to make a penny stock out of this for a short period of time? The stock is approaching the old warrant values, so, may as well buy the stock. The last time, I had about the same percentage increase from the lows as warrants.

Russ
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