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To: djane who wrote (7309)9/10/1999 10:27:00 AM
From: brian h  Read Replies (1) | Respond to of 29987
 
djane,

via LOR yahoo board,

Conference thoughts

by: roostavio99 19288 of 19288

Not much new news on the GSTRF front-big deal on the 10 year sat life- we always new that. Terribly unimpressed with the French bore as well as Mike Kerr at ATI, but my Italian fratello Luigi did a little bit better. Bottom line-Bernard is extroadinarily committed on a long term basis and will be looking to deal opportunistically(increase stake) if GSTRF stumbles a bit, and its a good bet there will be minor fumbles. However, Navarro and rest of mgmt team were extremely solid and there is little technological risk, the marketing risk is basically time limited since there is so much room to move pricing around so you can wiggle until you get it right, zero financial risk at this point with Bernard's commitment. Buy the real juice lies in FSS...