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Strategies & Market Trends : CXI-Commodore Environmental
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To: Sid Raphael who wrote (1534)2/21/1999 12:31:00 PM
From: DLJMT  Read Replies (1) of 1755
 
Interesting... I had just been wondering the other day what happened to all the celebrities on the Commodore bandwagon - Sam Nunn, Kirkpatrick, Adelman, etc. - now that we are approaching ground zero. Nary a peep heard from under any rock.

I had the most depressing conversation with shareholder relations the other day... no idea what if anything was happening with COES and Ceraset, no mention of the delisting of CXOT, pessimism about the GAO decision (mainly based on the Army's promises not delivered in the past) and an overall impression of exhausted besieged mentality. No idea that AGET stock was falling and that Dames & Moore was hitting new 52 wk lows. Feigned (?) no idea that if the proposed merger between AGET & CXOT goes through that COES will be 30% stakeholder. One frustration seemed to be that the stock price didn't seem to take CXI's current contracts at all under consideration and only cared about ACWA. That may be because of all the high hopes we were all given but I think it is correct. I'm still holding. Doesn't pay to sell when I'm down 90%. Can still pray for a miracle and if they can show a profitable quarter this should jump. (Obviously, I'm holding CXI, COES, & CXOT - if they fall, they fall together.)

Personally, I'd like to see Adelman hoist on his own petard.

Anyone know what Paul Hannison is up to? He's the only one who seemed to have real personal integrity and if this company doesn't go Chapter XI, I'd give him the credit. But if there's profit, follow the trail of Blum.

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