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Technology Stocks : Molten Metal Technology -- Ignore unavailable to you. Want to Upgrade?

To: Liatris Spicata who wrote (337)	11/12/1997 6:19:00 PM
From: Richard N Lambert	Respond to of 421

Larry; I have only stated that CEP would not work with contamination since it only ends up in the iron bath, however, the use of CEP for commerical endeavors has been proven and the technology is worthwhile. However, one must note that the MLTN has been stating that they will take their process to the customer site. This is great similar to Air Products or Union Carbide, but the money needed to built the capital to process waste at each site is quite large and returns on capital has to be measured in decades not 5-10 years. This is why MLTN is looking for more money. They will need money to earn it. Will someone buy the techonology, maybe someone already is trying and they are trying to do it cheaply. Rich

To: Liatris Spicata who wrote (337)	11/12/1997 11:01:00 PM
From: IngotWeTrust	Read Replies (1) \| Respond to of 421

Hi, Larry, here's what I'm thinking re: share purchases of MLTN...I'm going to wait for the reverse split....then after the p/r machine is cranked up to get the reverse split in place and the inevitable sell-off occurs, then step in and buy for less than you'd be risking here at this level... Why wait...well 3 things come to mind: 1) since a reverse split is inevitable, it can't occur until the convertible debentures debacle is completed and they know how many outstanding shares they now have... 2) their new high powered "financial types" brot in to save the company will probably have left by the reverse split announcement... 3) it gives another 6-9 months for the second processing plant to come on line, and the Japanese a chance to either back out because the car mfg waste is so massive and they are so broke they can't do the deal, or...the Japanese has broken ground and the capital costs Lambert accurately talks about is more "ascertainable" as opposed to jottings on luncheon napkins to close the fly ash deal... Just my thots...