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To: Trumptown who wrote (1510)10/20/1998 9:32:00 PM
From: Tom Swift  Respond to of 12872
 
Re: ENER

Are we at the bottom yet? I am also interested in Wayne's opinion.



To: Trumptown who wrote (1510)10/21/1998 7:51:00 AM
From: Wayne Rumball  Read Replies (2) | Respond to of 12872
 
ENER - I am not getting along with them from the beginning. Make me wade through 37 pages of drivel to find their balance sheet.

They've already pissed away 192 million. I think it would be better to wait to see if one day they can actually break even, or perhaps make $ so they can stop printing shares, or perhaps wait for 1999 when directors' Class A stock (which gives them voting control) converts to what the rest of us have to buy.

JMO