To: Flier who wrote (27 ) 3/14/1998 3:39:00 PM From: Richard Read Replies (1) | Respond to of 680
To All on EPEA, I was able to obtain a lot of info on EPEA IN 1995 and 1996,but except for the few company releases in 1997,direct info has not been at hand as of late. In July 1995,EPAC START Compliance Plan was accepted by the Start Compliance Review Group for those wondering on the "START" PART. I myself have been in EPEA stock for the long haul and have invested very heavy in them,to the point I would never recommend anyone to be so lopsided in one stock,but feel if my homework is correct,those of us in EPEA stock will be well rewarded as long as we can be patient,for there is a very large vacuum for launching of satellites. A private study group of France in either Oct. or Nov. of 1997 in the next 5 years,take or leave a year either way,that the outlay for launching worldwide will be from 95-125 billion US dollars,of which I feel EPEA stands to play a part. Lockheed has had their troubles of late with their large Delta rocket,while both China and Russia have had recent failures which has put the insurance to launch with them very high. In Dec. of 96 there was a large dumping of EPEA stock that I feel mainly came from small mutual funds that were hoping to hit a home run with the stock in 1996,but things don't move that fast in this field,and mainly when you don't have big funds to work with. This last Dec. I told those that knew I was heavy into EPEA that I felt it was bottoming out,and that the pressure to take a position would mount as we went through 1998,for the latest info we all have is the Spaceport south of Vandenburg AFAB would be ready for launching in 1999. Also info right from EPEA,is they have their launch facility is now ready on Asension Island,that is off the coast of Brazil,for the heaviest payload for the Eagle S-11 will need to be launched as close to the Equator as possible. Lets All Hope We Have Our Money In The Right Place-EPEA! As said by a great investor,"You only need a few home runs to make it big". Richard