To: Bryan T Nance who wrote (7904 ) 7/9/1998 10:22:00 PM From: TraderGreg Read Replies (2) | Respond to of 11708
Welcome Bryan. I've played tens of BB stocks this year and CSMA and LTGL are the only two whose products I've seen on a shelf, in a store. Ad Hatters will, as it has, be the strong base that keeps things solvent while the company is expanding. LPS? My understanding was there was questionable valuation to the Sea Soil funds that were received for CSMA stock. Moreover, the vast network of brokers that were going to market the program didn't because the program apparently wasn't well defined. Oil/gas? If the Exxons, Shells, and the Amocos can barely eke out a buck at today's prices, how can the little guys? At no time did I ever place real accretive value to the company from this sector. In fact, I bought CSMA IN SPITE OF its oil/gas component. Starting with Uinta from last year, it has only cost them money. Temporary digression, please excuse me: It is my understanding that this JR Ewing syndrome is something that is so addictive, it is hard to give it up. In otherwords, an oil person will pursue it, even when there are other more lucrative activities they could exploit. They do it for the rush, the rush from seeing a big gusher. Anyway, no matter, let them play with that toy as long as it doesn't cost us too much. Any of our Texas threadsters want to comment on that? Back to the response: With Ad Hatters providing the foundation, suffice it to say that this company has, is, and in the near future will be about the Envirotec Class V well. We are certainly close and each extra week does seem to feel like an eternity. Maybe just as well. Until the reporting status is officially achieved upon completion of the merger with BUFF, the full benefit of Envirotec revenues won't be felt. TG