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Microcap & Penny Stocks : PESI- -- Ignore unavailable to you. Want to Upgrade?

To: dwight vickers who wrote (13)	12/18/1997 9:29:00 AM
From: lloyd wood	Read Replies (2) \| Respond to of 34

Dwight, Regarding OPCO's role. You are right, they do not officially follow it in that they don't write reports or have it in their published universe, nor are they as a firm recommending the stock. They have a team of 4 or 5 environmental analysts and that team publishes a daily one page piece called Daily Trash Talk. They have mentioned PESI several times. We could say they monitor it. I have talked to the analyst that knows PESI best. He likes it but admits it is too small for them to write up. One important point. I asked him about the not-so-great balance sheet. He said a very significant hidden asset is their mixed-waste permit. If I remember correctly, he said it was the only one. Let's not get too carried away with the OPCO situation, but what a great sponsor if they ever did pick it up officially. regards, LW