Ocean Power (PWRE): Water/Power Giant in the making! Message Board

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Technology Stocks : Ocean Power (PWRE): Water/Power Giant in the making!

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To: JD who wrote (79)	10/29/1998 3:45:00 PM
From: gene martineau	Read Replies (2) of 269

Some news: A reorganization is going on with the company, precipitated by the lack of funding. The team, including the new board members, is responding, and the needs of the company are being addressed. The reorganization including a capital restructuring will be more positive than the present plan (as I understand it). Details will be forthcoming over the next week or so. Remember these days. ------------------------------------ BTW Dr: the options are priced $3.50. My $7 target was based on the assumption that the money would close in July, which would catalize a series of deal announcements. No money, no announcements.

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