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To: Trumptown who wrote (949)	9/15/1998 10:34:00 PM
From: Tom Swift	Read Replies (2) \| Respond to of 12872

RE: CAGI Interesting company. I like the idea of Mavis, what number do you call for a demo, the company? The only obvious drawbacks are that they are non-reporting and the CEO is a car dealer.

To: Trumptown who wrote (949)	9/16/1998 9:24:00 AM
From: Wayne Rumball	Read Replies (1) \| Respond to of 12872

Here's a risky, but maybe not too risky play CEON Will cease operations and liquidate in November. My best guess on liquidation value is; Liquid cash & receivables 6,889,000 Plant & Equipment at 25% 1,221,000 Less liabilities -2,617,000 Less overhead -1,523,000 ---------- net 3,970,000 or 0.56/share, now onsale at 0.28-0.40 On the equipment, they may be able to sell for substantially more, since they already took a write down of 3.5 million to reflect actual market value. They also wrote off 2.85 million in receivables, which they may recover some of. Probably today is too soon to buy it, news just out yesterday. Maybe wait for 0.10 or less. At least management appears to be honest, they could have just started printing shares to keep the thing going.