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Strategies & Market Trends : CXI-Commodore Environmental -- Ignore unavailable to you. Want to Upgrade?

To: Charger who wrote (745)	5/3/1998 7:56:00 AM
From: KewlHand	Read Replies (2) \| Respond to of 1755

COES has been consistently undervalued in relationship to it's holding of CXI mainly due to it's BB status (IMHO). It doesn't take too many grey cells to work out that COES only represents a good buy if you believe that the undervaluation is about to disappear (move to main board?). I don't think that's going to happen any time soon, so the warrants still represent the best gearing for the time being. (Of course gearing cuts both ways!) just my opinion of course.