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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Joe Copia who wrote (9188)	10/27/1998 6:56:00 AM
From: Deeber	Read Replies (1) \| Respond to of 25711

I beg to differ Joe...you forgot about the "Grab the wife and kids and get your a$$ out of Dodge" recommendation... Ryan members.xoom.com

To: Joe Copia who wrote (9188)	10/27/1998 8:59:00 AM
From: AKAPAK	Read Replies (1) \| Respond to of 25711

Congradulations to WAVX holders. Today will be impressive. <eom>

To: Joe Copia who wrote (9188)	10/27/1998 9:28:00 AM
From: Mannie Bucks	Respond to of 25711

CBNR NEWS! PR NEWSWIRE) Cabec Energy Corp. (OTC Bulletin Board: CBNR) Announces That Cabec Energy Corp. (OTC Bulletin Board: CBNR) Announces That Plastic Pallet Production Inc., a Subsidiary of Cabec, has Signed a Contract to Sell Equipment and Royalty Rights to Pace Plastic Pallet Inc. in Oklahoma DALLAS, Oct. 27 /PRNewswire/ -- On Monday October 19, 1998 at 5 p.m. Plastic Pallet Production Inc. and Pace Plastic Pallet Inc. of Norman, Oklahoma entered into a contract where Pace is purchasing immediately a complete Injection Molding System for plastic pallet production of 100,000 pallets per month. These pallets will be produced for the MPP Pool and leased to PPP customers. Pace will purchase a second system to produce an additional 100,000 pallets per month for its own pooling venture, which will be in cooperation with MPP's Pallet Pool. PPP calculated the over all value of this contract in equipment sale and royalty fees of approximately $35.5 million. Production is scheduled to begin at the end of April 1999. Estimated revenue from the production of Pace 100,000 pallets per month over the next 36 months from the day production starts is projected at $249.7 million with estimated profits of $66.6 million. PPP is scheduled to start its own production of 100,000 pallets per month in March 1999 with the same projections on revenue and profits, as the Pace production will generate. Therefore, total revenue over 36 months is calculated to approximately $499.4 million with $133.2 million in profits (these figures are calculated on NO production increase over the 36 month period, in reality it is planned to increase the production by 100% every 8 months). All pallets will be fitted out with a RF microchip, which will be supplied by Vimonta in Switzerland. After 36 months of operation the assets of pallets in the MPP Pool will be approximately $173 million reflecting into 7.2 million pallets in operation. Paul A. Kruger, Chairman of Pace Plastic Pallets Inc. stated: "After extensive research we made the decision to work with Plastic Pallet Production Inc. based on their achievement on production equipment development and plastic pallet design which in our opinion is the only way to produce workable pallets at a price which allows the plastic pallets to be leased and pooled. "Mass production of plastic pallets with conventional high-pressure injection molding equipment would make this project impossible. "We at Pace have not found any other pallet design, which would give us confidence that it can work. The PPP design is so advanced that we are convinced it will be the future standard in Plastic Pallets. We are also very pleased with Mr. Michael John's devotion to this project and his technical skill and vision to the future." Mr. Michael John stated: "We at PPP are grateful for the trust put in us by Pace Plastic Pallet and that we were awarded with this contract. We'd like to compliment the Management of Pace for their decision and are looking forward to a long and prosperous relationship. "Plastic Pallet Production Inc. is negotiating two more prospective contracts similar to the one with Pace and we will keep everyone updated with further press releases as soon as new developments are made. "We'd like to take the opportunity of this press release to inform everyone that Mr. U. Schorb has resigned from Cabec's Board of Directors. Mercedes in Germany promoted Mr. Schorb to a different position and there could be a conflict of interest if he had remained on the Board. In a mutual interest we accepted his resignation and wish him good luck in his new position. "Mr. Schorb will be replaced by Mr. Mark J. Potts director of Sales and Marketing of MPP a subsidiary of PPP. Mr. M. J. Potts spent many years as Director of Sales at Chep USA, chep.com, and has fundamental knowledge of pallet pooling operations. Mr. Potts was offered this position for his involvement in the contract between Pace and PPP and his devotion to the entire project. "Cabec is pleased to welcome him to the Board of Directors." This press release contains forward-looking statements, which are subject to contingencies and uncertainties. Such forward-looking statements are not guarantees of future performance, and are based on numerous assumptions about future conditions that could prove to be inaccurate. Actual events, transactions and results may differ materially from anticipated events, transactions or results described herein. For further information visit Cabec's or PPP's web site at: cabec.com ppplastic.com SOURCE Cabec Energy Corporation -0- 10/27/98 /CONTACT: Michael John of Plastic Pallet Production Inc., 214-698-8330/ /Web site: cabec.com /Web site: ppplastic.com (CBNR) CO: Cabec Energy Corporation; Plastic Pallet Production Inc.; Pace Plastic Pallet Inc. ST: Texas, Oklahoma IN: OIL SU: CON PER * end of story *