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Biotech / Medical : Catalytica Energy Systems, Inc. (CESI) -- Ignore unavailable to you. Want to Upgrade?

To: WTMHouston who wrote (1136)	4/12/1998 10:11:00 AM
From: gmccon	Read Replies (2) \| Respond to of 1514

Mr. Houston, There's caution and then there's caution. I still think you're getting in on the cheap here. You sound short, I must say, or at least overly cautious. Betting against Glaxco and Pfizer's future discoveries, combined with the sure thing of xonon (re-read the shearson leahman report). The only gamble I see is GTL with Syntroleum, even so, they're (Syntroleum) currently selling licenses. You know how this business works. It's future earnings that provide value as much as anything. Point is, we're getting in on the cheap here with virtually no risk on capital. This isn't Ballard Power or SLH Corporation where none of the product is proven and could all tank. If you aren't ready to get in here, or take a strong position yet, by all means don't. But me and Shearson Leahman and 1,000,000 shares traded last Saturday think you're missing the boat. Greg