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To: rairden who wrote (127)	7/31/1998 9:09:00 PM
From: Ted M	Read Replies (1) \| Respond to of 300

The story is looking better. This is a long term type of holding, as the company has had to wait for regulations which it has very little control over. While the shares outstanding are high for a company without profit IMO the price is on the low side now. It didn't rise much today although volume was strong (maybe the highest of the year). It is near it's lows and the picture the company painted earlier in the year is starting to be more visibile by us investors. My view is that this is a good time to buy more and then sell some on a 50% rise and hold the rest to see how the story unfolds. Everyone has a different time horizon, but the direction seems much clearer now for the near future, with this good news. Best of success. May our patience be well rewarded. Ted

To: rairden who wrote (127)	8/1/1998 11:24:00 AM
From: terracin	Read Replies (1) \| Respond to of 300

dear rairden, its difficult to answer your.... question. having been quite open about my position on fiberchem, you might know i have averaged down a lot since my initial purchase a couple of years ago at $1.42 a shs. i also feel uneasy somewhat with suggesting what others should do, as we all have different circumstances and whats right for me may not be right for you; although i have suggested we all "step up to the plate" and buy some more of fiberchem this past winter after and i had had a reassuring chat w/mr. hewitt about fiberchem's future, it still makes me uneasy doing this. i will say that my average cost is about .35 cents per share and i am a "believer". also i know with any speculation in this stock i could "bail out" and probably get my money back. also i feel that come what may, you're probably not going to get this stock any cheaper than it is now. hope this answers your question ps. i find it hard to stay away from this board.