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Microcap & Penny Stocks : MTEI - Mountain Energy - No BASHING Allowed
MTEI 0.004300.0%Dec 18 4:00 PM EST

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To: jhild who wrote (1761)6/17/1998 3:16:00 PM
From: Lee Walsh  Read Replies (3) of 11684
 
jhild

Yes, and if you check Arch Coal's 10-Q for 1997 you will see that they show NET PROFIT MARGINS OF ABOUT 14%..Not the 0% that you and the Wonkman would have us to believe.....They pay dividends equal to 1/4 th of their net PROFIT per share .....And they are also in "acqusition mode" having just finalized a deal to aquire Atlantic Richfields ARCO Coal.... Not bad for a period of time when the Energy sector is in the doldrums...huh.

Energy is a MAKE OR BREAK business.....When business is GOOD...you make a fortune....When Business is bad...the going is tough......It's been pretty bad for quite a while.....and I believe the only direction we have to go from here is UP..

Just my opinion...but I believe that Mountain Energy will JV these projects with another company...and will not get into actual coal production themselves....

Lee
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