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Strategies & Market Trends : CXI-Commodore Environmental -- Ignore unavailable to you. Want to Upgrade?

To: Czechsinthemail who wrote (420)	2/2/1998 2:41:00 PM
From: Harry_Behemoth	Read Replies (1) \| Respond to of 1755

Monday February 2, 2:22 pm Eastern Time Company Press Release SOURCE: Commodore Applied Technologies, Inc. Former Senator Sam Nunn Will Serve as Special Advisor to Commodore Board NEW YORK, Feb. 2 /PRNewswire/ -- Commodore Applied Technologies, Inc. (Amex: CXI - news, CXIW - news) announced today that former United States Senator Sam Nunn has been appointed as Special Advisor to the company's Board of Directors. As Special Advisor, he will be available to consult with the Board, with his experience especially targeted on the application of Commodore's technologies to the destruction of chemical weapons. ''We are most fortunate to have someone of Senator Nunn's experience and stature be such a central part of our company,'' said Paul E. Hannesson, Chairman and Chief Executive Officer. ''Senator Nunn's knowledge and accomplishments in the field of national security and international military affairs brings significant, new capabilities to our work with the defense industry. He has already been helpful to our efforts relating to the worldwide destruction of chemical weapons.'' Elected to the U.S. Senate from Georgia in 1972, Senator Nunn served four terms and retired from the Senate in 1996. His distinguished Senate career included, serving as Chairman of the Senate Armed Services Committee and the Senate's Permanent Subcommittee on Investigations. He also served on the Senate's Intelligence and Small Business Committees. Today Senator Nunn is a distinguished professor in the Sam Nunn School of International Affairs at Georgia Tech and a senior partner in the Atlanta-based law firm of King & Spalding. He serves on the boards of directors of several public companies, including The Coca-Cola Company, The General Electric Company and Texaco, Inc. He is also active in a number of non-profit and public interest organizations, including the Carnegie Corporation and Center for Strategic and International Studies. ''Last summer I began working with Commodore and have been increasingly impressed with the company's technology, management and mission,'' said Senator Nunn. ''In particular, Commodore's technology has great potential for destroying chemical weapons in a safe and environmentally-friendly process. This could be a valuable contribution to our health and safety, as well as our national security.'' Commodore Applied Technologies, Inc., is a New York-based environmental technology company that has developed and is now commercializing its patented process known as Solvated Electron Technology (SET(TM)). Based on the results of extensive testing and commercial applications, SET is capable of neutralizing chemical weapons materials and warfare agents and of concentrating certain radioactive wastes for more effective disposal. The SET technology has been commercialized for chemical weapons destruction through a joint venture between Commodore and Teledyne Brown, known as Teledyne- Commodore, LLC. Commodore Applied's patented SET process is also capable of treating and decontaminating a wide range of soils and other materials by destroying PCBs, pesticides, dioxins, chlorinated substances and other toxic contaminants. It is the only portable, non-thermal process to hold a nationwide permit issued by the U.S. Environmental Protection Agency for the destruction of PCBs in solids and on metallic surfaces. In treating mixed wastes, the SET process destroys PCBs and other hazardous chemicals, leaving only concentrated radioactive contaminated matter for permanent storage. In areas other than chemical weapons, the SET technology is being commercialized by a Commodore subsidiary, Commodore Solution Technologies, Inc. based in McLean, Virginia. The mission of the Commodore group of companies is to commercialize new process technologies. The Commodore family includes Commodore Applied Technologies, Inc., (Amex: CXI - news, CXIW - news), Commodore Separation Technologies, Inc. (Nasdaq: CXOT - news, CXOTW - news, CXOTP - news), Commodore Solution Technologies, Inc. and its wholly owned engineering subsidiary, Commodore Advanced Sciences, Inc. Commodore Applied is approximately 52% owned by Commodore Environmental Services, Inc. (OTC-Bulletin Board: COES). SOURCE: Commodore Applied Technologies, Inc.

To: Czechsinthemail who wrote (420)	2/2/1998 2:58:00 PM
From: TokyoMex	Respond to of 1755

Day traders dream .... Until the dillution gets cleared end Feb... it will be a solid 1 point gain a day ... both ways.. Joe

To: Czechsinthemail who wrote (420)	2/2/1998 4:09:00 PM
From: Andrew Furst	Read Replies (1) \| Respond to of 1755

Could have been nervousness, profit-taking, and/or momentum players jumping ship. The intraday charts show a huge dip, high volume, prior to the Nunn news, then a large rise after the announcement (also high volume). If you like volatility, this is your stock. So hard to value this stock, but I don't think the fundamental picture has changed. And today's addition of Sam Nunn as a special advisor to the board should definitely help. Amazing that COES stock snoozed through all of the CXI action, though it did move down to "catch up" with CXI at the end of the day. The lack of COES action earlier makes me think the volatility in CXI has come from traders, rather than changing fundamentals. Quite a ride.