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Politics : Ask Michael Burke

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To: Laurens who wrote (37608)	11/27/1998 11:05:00 AM
From: Knighty Tin	Read Replies (1) of 132070

LT, I think you have a decent business in a field where sales are growing but margins are declining rapidly. At this price, and $1 3/4 would have been better, the stock either goes belly up or rises. The belly up comes fromt the lawsuits where claimants feel that mgt. cheated them on the offering. Duh! That's their job, dude. <G> I doubt that the lawsuit will force bankruptcy. But it will be a dead weight on the stock until it is resolved, as I do believe mgt. is guilty. So, in a long term cap app, this could be a winner. For year ahead results, you have to root for the lawyers to get on the stick. MB

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