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Microcap & Penny Stocks : VLVT (was CSMA) -- Ignore unavailable to you. Want to Upgrade?

To: TraderGreg who wrote (2051)	11/30/1997 10:58:00 PM
From: Land Shark	Read Replies (1) \| Respond to of 11708

It makes great sense to me that a govt. would definitely want a Class V disposal site available if it has any hopes of enforcing its regulations. No site available, no chance for compliance, simple as that. I'd say this would be a done deal, remembering that Coconino already had EPA approval on the site. Am I correct?

To: TraderGreg who wrote (2051)	11/30/1997 11:01:00 PM
From: TraderGreg	Respond to of 11708

About the additional shares outstanding, I just want to remind everyone that the vast majority of the increase in outstanding shares are RESTRICTED 144 stock. The current breakout looks like this, based on info from the proxy statement: 22.9 MM shares outstanding less 11.7 MM restricted shares less 7.6 MM other insider owned leaves 3.6 MM shares in the float Moreover, the "active" float consisting of shares that are not closely held by long term investors(some of whom I know are on this thread) is a good deal less than 3.6 MM. This "active" float is declining (keep in mind that 1 million shares were bought over $2. Proof of this decline is seen by 1. the drop in volume to the 500K level and below that started on Friday the 21st (well before Thanksgiving) and 2.the fact that last week the stock rose even on this small volume. Last, do not forget that the call for certs will start to bear fruit and the ability of shorters to cover will be significantly impaired in this climate of more tightly held float. TraderGreg