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To: virginijus poshkus who wrote (1885)	4/25/1998 12:14:00 PM
From: CLK	Read Replies (2) \| Respond to of 3335

BPI is a good addition to a coal bed methane portfolio imo. I am not as excited by it as I am by SIR/ERB. For one thing I believe the Bellingham basin will turn out to be bigger and for another it is certainly true that the Bellingham is right next to a huge market in Seattle where energy is needed. Also BPI costs more but it is further along. I have talked to them quite a bit and will mention one other thing. They do have a l0% interest in Pyng Technologies which is an interesting biotech application. At one point I did buy some Pyng but lost interest. As I said, I think it belongs in a coal bed methane portfolio but I would not buy it alone because if I had to pick one I would pick SIR.