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Gold/Mining/Energy : Crystallex (KRY) -- Ignore unavailable to you. Want to Upgrade?

To: flightlessbird who wrote (5744)	2/25/1998 5:00:00 PM
From: viper	Read Replies (1) \| Respond to of 10836

Cannot even fathom a win at this point. We would simply have to evaluate the decision, which at the best for KRY would not be clear cut, and for the 100th time is only an appeal-2years away from final. If in the end they were successful, they are too expensive to buy out so you would need to look at a J.V. arrangement and evaluate that. We think at best the stock on a win in 2 years would be $15.00 Cdn after dilution etc. There is no stop loss point at this time. This is still in our opinion an excellent short opportunity with limited upside in any event, and significant downside should their appeal be denied. Thats the best I can do for you. Pleasant dreams or nightmares.

To: flightlessbird who wrote (5744)	2/25/1998 6:58:00 PM
From: charred	Read Replies (1) \| Respond to of 10836

Hello oh mighty flightless one. The upside potential on the stock is $10 to 13US a share. At the current price it isn't a double. I explained why in my previous reply to you. This is a risky investment which could go either way. I am neither short ot long. If the stock is trading at $13CDN a share and there is no court decision I will short the stock. There is your answer. I don't invest in junior companies at $300,000,000 market caps. I prefer 3,000,000 market cap. I did ask you to comment on my previous reply, please respond. What do you think? Why are you saying $25 a share?