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Gold/Mining/Energy : Keystone Energy Services - KESE on BB Nasdaq -- Ignore unavailable to you. Want to Upgrade?


To: unregmarket who wrote (63)11/17/1997 11:44:00 PM
From: GrandPohba  Respond to of 307
 
To All:

I think that perhaps too much is being made about this connection with FSS. You must remember, the company you are investing your money in is KESE, not FSS. While the folks over at KESE may be very capable at what they do, they may not know jack about P.R. firms and how they operate. I have yet to read any legitimate concerns regarding KESE's ability to carry out their business plan. Also, remember that LBOR was recommended by FSS when it was in the single digits, now trading at $24 7/8. I get the feeling that a few of these posters would like to get into KESE, but at a lower price......

I spoke with Anita in investor relations(1-800-785-9345) this afternoon. I get the impression this company is making every effort to do everything on the up-and-up.The audit for the quarter ending Sept. 30 is complete and will be released this week. Do not get your underpants all wadded up if these numbers are less than fantastic. The business cannot really kick in until after Jan. 1, the date deregulation begins.Also, I believe the 5 million $$ number mentioned in the company's press release is referring to contracts obtained, not actual revenue. You must give this thing a little time to play out.
She said she was not certain if KESE is the leader in this field in CA, but thought they are the only publicly traded company.
As to the tire recycling biz, this is nothing more than a subsidiary, operating under the name of Nevada Environmental Tech. It is not a high priority with the company, just a side-line.
She anticipates possible Nasdaq listing in January.

hope this helps.



To: unregmarket who wrote (63)11/17/1997 11:52:00 PM
From: MARIO PASQUA  Read Replies (3) | Respond to of 307
 
Trackman, thanks for the link.....It seems to me, that it will be at least 5 to 10 years before this kind ofsystem will be in place. Still there are question of who will PAY for added generating facilities in the near future, plus installation, maintenance of power line, and so on. There are still lots of details to be ironed out.
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"The system will continue to operate in accordance with WSCC guidelines, and utilities will continue to own and maintain their lines.
While it is becoming clear that adequate performance incentives will be implemented to ensure the reliability of distribution and transmission systems, some uncertainty still remains about who will pay for needed new capacity. In the competitive electricity marketplace this issue is the last piece of the reliability puzzle, and needs to be resolved by the California Public Utilities Commission and the Federal Energy Regulatory Commission. Such a resolution is necessary to avoid future curtailment of transmission and hindrance of the growth and development of a free market for California electricity consumers."