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Gold/Mining/Energy : FASC (First American Scientific Corp) -- Ignore unavailable to you. Want to Upgrade?

To: Ed Fishbaine who wrote (793)	5/17/1999 5:57:00 PM
From: Jim K.	Respond to of 972

Ed, Thanks, I sure hope you are right. It will be a WILD and CRAZY combination but what ever works at this point. Jim K.

To: Ed Fishbaine who wrote (793)	5/17/1999 6:51:00 PM
From: Lee Bush	Read Replies (2) \| Respond to of 972

Ed: Can you elaborate on why you feel they will not go for a rollback of shares? Tks, Lee ps. 10Q posted today on Yahoo. No info on recent events, however. sec.yahoo.com

To: Ed Fishbaine who wrote (793)	5/17/1999 8:32:00 PM
From: John R Resseger	Read Replies (1) \| Respond to of 972

<<<<IMO you will see significantly higher prices before a financing is done and I believe it will not involve a rollback. Ed>>>>>> Ed What is a rollback ? What else is going on?

To: Ed Fishbaine who wrote (793)	5/18/1999 7:21:00 AM
From: jmt	Read Replies (1) \| Respond to of 972

Ed: Thye company needs money to finance operations, whatever they may be. This financing can be well spent, or wasted on enriching the management. Some of the funds needed to be raised regardless of the new management. So the first accomplishment has been to increase the share price, reducing the dilution for financing requirements. While I cannot confirm it, I also suspect the new management has been a buyer in the market, possibly gaining control. If so their fortunes are tied to those of you and I. But we need to monitor the type of financing the company is pursuing, being guarded against any floorless or potentially dilutive issues. Also any new types of voting stock to entrench management would be a negative signal. But in the short term, so far so good. Certainly better off than we were a month ago. And it is encouraging the company has caught up with all its SEC filings. That puts them already a step ahead of many of their peers. If anyone can uncover Bio's on the new management it would be helpful. Thanks. jmt