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Strategies & Market Trends : CXI-Commodore Environmental -- Ignore unavailable to you. Want to Upgrade?

To: valuvester who wrote (1453)	12/29/1998 11:07:00 PM
From: Russel W. Kennel	Respond to of 1755

I heard the burn rate was down to $200K per month. I think something that either John Peterson or Melissa said recently on the phone. "Lean and mean" now. I have never heard rumors from the company though. These always come from the msg boards, which as we now know aren't very reliable. Russ

To: valuvester who wrote (1453)	12/30/1998 7:52:00 AM
From: KewlHand	Read Replies (2) \| Respond to of 1755

My patience comes and goes valuevester, it's easier to be patient when you have confidence in the managements ability and integrity. (We all know my feelings on certain board members) When I re-entered into this stock a few months back I decided then that I was in for the long haul, putting it simply, I don't care how low this stock goes nobody is getting my stock this time. Plan B has excellent long term potential and Plan A isn't dead yet. I must agree with you though, the lack of detail on burn rates, and potential for breaking even let alone making a profit is frustrating even us, and potential new investor will take a look at the lack of information and simply say "Why the hell should I invest in that stock? losing money and no idea when it might stop" Combine the above with the lack of any insider buying in 6 months paints a pretty dismal picture to potential investors. BTW My theory on the lack of insider buying isn't that the management don't believe the stock will go up, it's just they have discovered the jolly wheeze of lending money to the company gives far greater returns, like a healthy interest rate, god knows how many warrants and for good measure CXI throw in the odd sweetner like CXOT!! Beats the return on investment were seeing eh? Still despite all of the above, this company might just still make it big time, and thats why i'm here. Can't help wondering how long it will be before Blum/COES make a play for ownership of the SET technology in return for a 'loan'. That will also be the day I break some of your US laws about foreigners holding guns! ;) regards kh