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Gold/Mining/Energy : Keystone Energy Services - KESE on BB Nasdaq

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To: HARRY GIBSON who wrote (226)7/28/1998 12:24:00 AM
From: Paul Nguyen   of 307
 
I strongly suggest you sell the stock and take the losses. KESE is being sued by its stockholders for misrepresentation and violation of the SEC 1934. You can ask to examine their bylaws to learn more about the company management. However, I do not think that this management team will have the capability to engage in costly legal battle while continue to focus in their business. On the other hand, their strategic business plan lacks many sucess elements, while their assumptions are unfound or validated by any independent consulting firms such as Mckinsey or Boozallen.
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