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

To: andy harrison who wrote (1999)	11/9/2000 9:59:41 AM
From: will3	Respond to of 4686

Although I am not sure about the time frame, I agree with your prediction 100%. I have this horrible feeling that we will never get a fair appraisal of the value of the lease(s). Will PS Figures that Florida has to do a recount; seems they cannot do much right. PPS What is your prediction of the share price that we will see?

To: andy harrison who wrote (1999)	11/9/2000 11:09:41 AM
From: Henry Volquardsen	Respond to of 4686

thats scenario been bouncing around the back of my mind for about two years.

To: andy harrison who wrote (1999)	11/9/2000 1:40:03 PM
From: Edwin S. Fujinaka	Read Replies (1) \| Respond to of 4686

You may be right. I would be disappointed if they settle for any less than $5/share or around $500 million (perhaps a little less). If it drags on for longer than another year, it may be because the lawyer for the eminent domain issue is going for the jackpot. Perhaps He will play it like the Florida tobacco attorneys. Florida is used to these big legal settlements and I believe that a good lawyer can make a case for the billions of dollars worth of oil under the Coastal Petroleum leases. The tobacco settlement was for over $11 billion and the State's lawyers in that case got $3.4 billion. I believe the Florida laws governing eminent domain explicitly provide for the State (in this case) to pay the legal fees in addition to the damages. As soon as the lawsuit is formally filed, I would expect a jump in price for the CCO shares. Given my track record in predicting the stock price, I suppose we'll see the $0.50 level soon <G>. (Just kidding, I hope). I do think that if Al Gore wins, our stock will take a hit.