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 : coastal caribbean (cco@) -- Ignore unavailable to you. Want to Upgrade?

To: Tom Frederick who wrote (1213)	12/29/1999 1:04:00 PM
From: Edwin S. Fujinaka	Read Replies (2) \| Respond to of 4686

I have questioned the ability of the CCO insiders to effectively negotiate a deal of this magnitude. Do not get me wrong, I think that the CCO insiders (including their attorneys) are basically nice guys and competant normal human beings. It's just that they have been dealing with Clinton like politicians and are constantly getting outmaneuvered and sucked in. They need to hire a professional negotiator, kinda like the State did when they hired their own tobacco lawyers. <G>. The delicate part of the dealings are probably related to the political aspects of this situation for the current Administration and the new Governor, Jeb Bush. I think that publicizing the Coastal Petroleum oil find potential and the dollar value would actually provide political cover for Jeb if He plays it right. This would require publicizing some really big numbers for the potential value and the potential State liability when they finally lose in Court. $100 billion rolled off my tongue and into print, but even 10% of that would set the stage for a settlement like I suggested. That only requires $ 0.5 billion up front and the State would get the money back eventually (if the oil is ever developed). Such a deal...