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To: Robert Angelo who wrote (1911)	3/19/1998 6:02:00 PM
From: IRWIN JAMES FRANKEL	Respond to of 5827

Good day for your position in GAEO. Hit 15 shortly before closing. The incremental value to the company of the additional $25 million in sales is great. In my view it is worth at least 2x sales. Thus, $50 million in market cap. With 8 million shares out it comes to over $6 per share of GAEO. If thing keep going well the sales multiplier could expand to 4x to 6x. No conference call was set on the news release which makes me think they have more announcements to make. Then we will have a conference call to explain all they are doing. If this one catches on it will go up rapidly since there are not a lot of shares out. Good luck to you on this one. (It won't hurt me either, if I'm right.)