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Microcap & Penny Stocks : Environmental Remediation Hldg Corp. (ERHC) -- Ignore unavailable to you. Want to Upgrade?

To: Imran who wrote (272)	3/15/1998 1:06:00 PM
From: SnakeInATuxedo	Respond to of 671

I don't believe ERHC's "Mr. Bass" is related to the Bass family of Fort Worth; I could be wrong. There's no close familial relationship, in any case.

To: Imran who wrote (272)	3/15/1998 4:48:00 PM
From: Casey	Read Replies (1) \| Respond to of 671

Imran: <<Why has the stock fallen from it's high of close to $6? That initial buying binge was typical overreaction to initial news coverage. << How vulnerable is this company to the price of oil (although I think oil prices can't go much lower from here)? I think they can, but it is not overly sensitive to the price of oil. It's business is supposed to be mainly environmental remediation. <<On the last annual report, there was no long term debt. Is the $50m loan they got a while back a big burden for the company? I don't believe that they ever got a laon for 50 M. My understanding is that they recently arrange a 10M loc to be used on an as required basis. << Last, what is causing the volatility of the price if this company has really good prospects? (given that it is a BB stock and MMs are rampant)>> The incredible diversity of busineess announcements of future business ventures combined with the tremendous difficulty of putting a value on a company such as this. They also seem to make less than thorough announcements on how much they will have to fork out for some of the business deals. It's a tough company for an analyst to get a handle on. <<Just a few things that are nagging me. I think that a company run by the Bass family can't go wrong given their excellent reputation. Not the same Bass.