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Gold/Mining/Energy : FASC (First American Scientific Corp) -- Ignore unavailable to you. Want to Upgrade?

To: Lee Bush who wrote (350)	7/15/1998 1:42:00 PM
From: jmt	Read Replies (1) \| Respond to of 972

Lee: Thanks for your input. How many machines are currently operating? I was under the impression only 2 have been built. If so, can these machines be used to generate revenue and do product testing? When I spoke to Dining last week I went away with a different interpretation. He gave me the impression that without the financing: 1) Gypsum could not be purchased for production 2) Washington testing could not begin (possibly more units needed to be built for the test). Any thoughts? I will be phoning Mavis later this week. She stated she was meeting with jack and would have an update. Thanks jmt

To: Lee Bush who wrote (350)	7/17/1998 1:42:00 PM
From: Baldur Fjvlnisson	Read Replies (1) \| Respond to of 972

Lee, thanks for the info. There's a certain contradiction that has been rattling around in my head. Perhaps you could mention it next time you talk with Jack. We know that management is seeking financing to move the company on. Financing that will be dependent on share price one way or another. At the same time management doesn't seem to have a care in the world about share price as they have not put out a news release in nine months. Putting news on the web site only just does not do. All in MHO. Kind regards, Baldur F. -------------------------------------------------------------- It takes patience to hold on to a stock in a company that excites you, but which everybody seems to ignore. You begin to think everybody else is right and you are wrong. But where the fundamentals are promising, patience is often rewarded. -Peter Lynch, One Up on Wall Street, p 272