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Technology Stocks : Plasma Environmental Technologies -- Ignore unavailable to you. Want to Upgrade?

To: Buckey who wrote (240)	7/9/1998 4:22:00 PM
From: Carl Loscerbo	Respond to of 420

I asked the ASE a couple of weeks ago. They will update the status of the application, once they receive it. I hear PLAS has completed their part and forwarded it to "their sponsors". Not at all sure what that means....

To: Buckey who wrote (240)	7/9/1998 11:51:00 PM
From: Fass99	Respond to of 420

PLAS may be pretty much at it's bottom for now although you can't rule out a drop to, perhaps, 12 cents. Trading activity has been pretty low the last few weeks and there doesn't seem to be an avalanche of buyers at 17 cents. One thing to keep in mind also - according to their year-end financial statements, a lot of their officers and employees have stock purchase options in the 18-20 cent range (might be 18-22. I don't have the page in front of me). This would have to factor in the stock price. However, watch and see if the company reduces these purchase options downward (some companies actually have done this in recent months). If that were to happen, divest quickly.... Frankly, I think it should go ASE in the next few months. I'm presuming that news releases will be held back until this time. In the meantime, shareholders would probably be wise to dollar-cost average down to 22 cents or less.