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Microcap & Penny Stocks : EXSO -- Consolidated Eco-Systems (Exsorbet Industries) -- Ignore unavailable to you. Want to Upgrade?

To: ChrisJP who wrote (3805)	3/2/1998 6:48:00 PM
From: Tummus1	Read Replies (2) \| Respond to of 5015

Chris Indeed. My suggestion that there may eventually be a reverse split is not contradicted by the fact that they have yet to announce a reverse split. Certainly EXSO is going to eventually have to do so if they intend to be taken seriously by NASDAQ. At any rate at these prices ( as fair as they maybe) I intend to wait and see if a reverse can provide a better opportunity. TW

To: ChrisJP who wrote (3805)	3/2/1998 9:32:00 PM
From: Zeev Hed	Read Replies (2) \| Respond to of 5015

Chris, actually I said the stock was a bargain at $.10. And yes, it is not longer a "Great bargain" at $.25, what I would say is watch the volume, I was not in my office today, so I did not watch the action, but if the volume was peaking and the price not moving, then it might be wise to take some chips of the table. On the other hand, the earning report must be close, and the rally could be an indicator that an earning surprise might be in the offing, so you may want to keep some chips on the table. As for a reverse split, I am of the opinion that management will not attempt to get back on the normal NAZ until it has turned the company around. If you estimate that they may have to take one or two more quarters before they are ready, you can assume that a reverse will not come before that. If by then they have achieved $1/share (which, I personally doubt, under the current circumstances) then they may not have to reverse split. Qyestions still unclear, however, are the residual floorless (it seems as a big chunk will not convert anytime soon), and whether or not the company will come to the stockholders to get more shares authorized. And last, what is the final arrangement with APS. In my opinion, it is a fifty fifty chance that we get answers to this in the next few weeks, thus revisit of the tenebres where the stock was a bargain might be possible. Chris, I told you where to buy, a long time ago, I also said where to sell (it was then just under $.5 and actually went slightly above it). Right now, I really do not know where to sell. A little profit taking here would be my tactic. Zeev