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Technology Stocks : Ocean Power (PWRE): Water/Power Giant in the making! -- Ignore unavailable to you. Want to Upgrade?


To: Dr.Hamma who wrote (89)10/30/1998 9:08:00 AM
From: gene martineau  Read Replies (1) | Respond to of 269
 
No offense taken. My sentiments exactly about the SEC's "witch hunt".

Gloria Ott is very active with the reorganization. She is doing some "heavy lifting" in terms of securing new funding commitments. Apparently with success.

(IMO, the actions - which will begin to reveal themselves shortly - of the two new board members speaks volumes about the Government's quiet interest in this project and its success).

Looks like the corner has been turned. The volume should stay strong as the news comes out over the next couple of weeks about the specifics of the reorganization and people regain their confidence and enthusiasm for the company's prospects.

IMO they are over or very near to being over the hump.

PS: I AM NOT AN INSIDER! This is information that the IB, Barry Bampton, speaks about in his radio show on Thur afternoon's (WLIW, 1600 AM 4:30 - Ed Taxin).

Thanks,

gm