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To: Prefabhomes who wrote (395)	6/30/1999 11:10:00 AM
From: Rob	Respond to of 461

Prefab. Why so emotional? Sounds like you're more interested in rationalizing your investment decision than rationally analyzing the stock. As such, your credibility is fading quickly. The fact is that there have been delays. There has been a lot of spending to manage already. Although not intentional, the delays have been costly and although there are very bright engineers involved in creating their vision, there is no evidence of experienced business management. Clearly, you accept these facts. It does not mean that other shareholders should. In terms of being impressed by brochures etc. -look in the mirror. I'm impressed by management hitting their targets and making money. And since you brought it up, in terms of personal credibility, here are some more facts - I manage my own investments and as a sideline I'm a management consultant with a B.Comm. (Finance)and CMA. I have 10 years corporate experience in everything from project management, finance (including construction projects) to marketing, partnerships and customer Service. What are your qualifications to be evaluating investments? Let me guess - you're an enginner? (Nothing wrong with that but it might suggest that you are letting your impression of the product blind you to the business risks). To conclude, I'm not saying this company with 80 million (fully diluted )shares issued already will not be outrageously successful and some day justify the founder's brilliant vision. What I am saying is that given the track record, the summer market, the current timeline to commercialization and IMO lack of financial and operational management, some might think that in the near-term the risk outweighs the benefits and that it makes sense to wait a couple months at least. Rob

To: Prefabhomes who wrote (395)	6/30/1999 11:50:00 AM
From: Rob	Read Replies (1) \| Respond to of 461

Oh I almost forgot, you commented, "sounds like good money is spent in the factory, not for some fat ass CFO who would have nothing to do until we are actually in production.... " Firstly, I'm not sure what your criteria are but the size of the ass is not a primary consideration when I hire employees:). Second, you are ignoring another important fact - that major financial decisions and deals are being made now and have been made in the last year that will affect the profitability of this company and therefore its value for years to come. These complex financial decisions are apparently being made by engineers (hopefully with some prudent financial and legal advice). If not negotiated or structured properly, some of these decisions could result in long-term costs and problems for the company.