Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : KASTEN CHASE APPLIED RESEARCH. -- Ignore unavailable to you. Want to Upgrade?

To: Ruby who wrote (959)	8/21/1999 3:11:00 PM
From: Crusader	Read Replies (1) \| Respond to of 1247

I hope you are right Ruby. All I can ask for at this point is for the bleeding of red ink to slow down. I'm disappointed because I thought the development of Kasten's platform for the New York City Transit would be brought about through cash flow as it was being built. If this project was as fruitful as I was led to believe then servicing a little debt while setting it up would have been the way to go. Now I am really questioning the success of this area where Kasten is getting themselves into. The company is obviously getting nervous as its cash is rapidly falling. This leads me to believe that profits are further into the future than we are led to believe.

To: Ruby who wrote (959)	8/22/1999 5:34:00 PM
From: Mike Hilliard	Read Replies (1) \| Respond to of 1247

Ok Ruby. I have to agree with you there. This shake up is probably a real good thing and that's why I am choosing to hold on until the end of the year at least. On paper, I love what KCA has, but it just wasn't working. They don't have any debt which is another bonus you're right. But how much longer can they hold on? If there was some genuine interest in their technology, they are sitting ducks for a takeover. But no one seems to have any interest (this is just my idea and I probably haven't a clue about what i am talking about, but hey brainstorming is where the fun starts!). Not much buying going on. You can have a great company, with great techs in the closet but if no one wants it you're still not worth anything. I see the same things that you see, and so doea everyone else. Obviously the general opinion, which is reflected in the stock price right now, is that they're not going to make it. This shake up (not too major mind you) may be a catalyst but from what I've seen so far the price has dropped another 8-10% post J.L. leaving. I can see why it may seem as a great buying opportunity at .70, but to me buying at $1 is a great opportunity too. Sure I will have missed out on the .30 40%ish quick return, but odds are that if it starts to move it won't stop at the $1 level.I just can't sink more cash into it right now until I see evidence that more people are interested.