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Gold/Mining/Energy : Energy Biosystem Corp NASDAQ-ENBC -- Ignore unavailable to you. Want to Upgrade?

To: Sector Investor who wrote (254)	12/22/1999 11:23:00 PM
From: Sector Investor	Read Replies (1) \| Respond to of 336

A link to the 22 page report on ENBC by Polaris Capital: I especially liked this part: "Owing to these factors, we feel that the shares of ENBC are extremely undervalued. Even after utilizing conservative assumptions regarding the per-barrel royalty to be received by ENBC as well as the ultimate degree of penetration of the BDS technology itself, we obtain a fully-diluted present valuation of $68.25 per share for ENBC. If multiplied by the fully-diluted share count of 9,369,665 shares, the resulting market capitalization of $639.5 million does not seem out of line to us for a company with this kind of profit potential. Consequently, we recommend that investors begin to accumulate positions in the common stock of ENBC at current prices." messages.yahoo.com