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Gold/Mining/Energy : Eagle Geophysical (Nasdaq:EGEO) -- Ignore unavailable to you. Want to Upgrade?

To: Arthur Tang who wrote (21)	3/15/2000 9:28:00 AM
From: Arthur Tang	Read Replies (1) \| Respond to of 31

Don__Earl reported the approved sale on the ship.The ship will bring in sufficient cash to run EGEOQ for a while until business picked up. Most people did not understand that chapter 11 company if raised cash from secured assets do not have to pay out. When the reorganization plan is approved, the creditors will all get new stock. Since the new stocks are not of absolute value, the old stockholders may receive some new stock yet. Having said that, the company no longer needs any angels. What the company needs is more business. That means the company had to recruit some industry old hands to solicit more business. Account executives if you will, that can take accounts to EGEOQ, once the ship money is in the bank. Is it time to invest in EGEOQ? A little more research and any news of new sales people hired will get me hopping.