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To: Jeff who wrote (1692)11/3/1998 6:19:00 PM
From: Leigh McBain  Respond to of 2011
 
Jeff, I wish I could fill in the blanks. I don't really have much more to add, than what I have already posted. We already know that there are many things being worked on, continued Taylor business, the potential sale of Taylor still has not been denied or confirmed and there has been other business deals being looked at. Enough time has gone by, since all this Taylor stuff started and since other ventures started to be looked at as replacements for it as "the" core business entity, that something is bound to happen eventually, maybe we are seeing some indication that that is the case. We may be seeing speculation or we may be seeing some form of leak that something on one of these fronts is close. I unfortunately, can't confirm either. My suspicions are the latter, but if I knew for sure I would probably be part of that bid and I am not. So I am content to rest with my current exposure to this play, for the time being.

Salut,
Leigh McBain



To: Jeff who wrote (1692)11/3/1998 8:03:00 PM
From: Leigh McBain  Read Replies (1) | Respond to of 2011
 
One other quick note, with a little support showing up and given the scenario where inevitably we will see some form of development materialize, at least not too far down the road, why would anyone be jumping at the opportunity to sell at this level? Wouldn't make a lot of sense to me.

Look at it this way, we have been in a news blackout, more or less, we haven't (officially) turned a profit yet, the core business entity may be being sold (at a price that didn't look very good, given the available info) and we know a new venture is being looked at, but we don't know what it is. Short of just folding there shouldn't be a lot of downside from this point, so if we see some renewed upward pressure, why rush to sell, wait and see what happens. Just my thoughts and opinions.

The other thing is this, although it is good to see support coming in, even at 114K shares we are still only talking about 16 or 17 thousand dollars. There are a whole lot of people out there, who can afford a speculative venture of that magnitude.

Salut,
Leigh McBain