Dean - VSE (I dont know)

Dean,

I like VSEC, but lets take a look at VSE

VeraSun said it plans to use the net proceeds of the offering for general corporate purposes… what’s that? It’s very indescriptive.

You’re right, from a historical perspective, the revenues kick butt. But, the net incomes don’t follow and this company hasn’t been around that long.

Looks like they produce the E85 alternative gasoline. The short term news is bad. They just sold shares to raise capital for… who knows…?

They are taking a huge net loss this next quarter. Anyway, this thing has been down ever since it IPOed. (This doesn’t matter, just an observation)

I dunno, the net incomes don’t follow the revenues. This isn’t my kind of company. This is a “Turn-Around” They aren’t occurring “one-time” losses. Their loss is because of their operating business.

Thanks for the heads up, but I don’t plan on buying VSE. I could be wrong. I just don’t have any reason to buy besides it’s cheaper today than it was yesterday.

Glen

From: Dean Davis Sent: Wednesday, September 17, 2008 11:07 AM To: gbrad Subject: Verasun

Glen,

I have taken an interest in Verasun based on one of your articles. After reviewing the company's financials and future prospects, I too think they are poised for tremendous growth in the coming years.

With the recent downgrade and third quarter projected losses, these seems like a very good entry point. What are your thoughts on the company given the new data?

Thanks! Dean