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Technology Stocks : Plasma Environmental Technologies

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To: Buckey who wrote (243)	7/10/1998 11:32:00 AM
From: Steven Godfrey	Read Replies (1) of 420

Hi all, Just spoke to Alex Faulkner at Plasma. Canaccord is sponsoring their ASE listing. Alex hopes to have their sponsorship finalized and the application given to the ASE by the end of next week, then it's up to the ASE to do something about it. We'll have to be really patient about that part since exchanges don't move too fast. He said that Plasma is working on new contracts and talking to people (in California I think he said) and new info will be released as it is available. We talked about the stock price, obviously, and Alex mentioned that he receives no salary and is paid only by options so he has just as much interest as the rest of us in getting the stock price up to reasonable levels. He mentioned that he's been with Plasma for about 2 1/2 years and that he saw things taking about 3 years so that leaves us until the end of the year to see something happening. I still believe in the fundamentals of the company and if I can buy another 5 or 10 thousand shares at these prices to average down a little then why not? That's not that much more of a gamble. Steven

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