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Company's woes put investors at boiling point; Molten Metal shareholders hot.
From:
The Boston Herald
| Date:
September 14, 1998| Author:
| COPYRIGHT 1998 Boston Herald. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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The science behind Molten Metal Technology Inc. once seemed so promising - bathe toxic wastes in boiling metal and the hazardous components will burn off.
Instead, it was largely investors' money that went up in smoke.
Stock valued at nearly $1 billion three years ago is worth almost nothing today. And the once high-flying Waltham company's few remaining officials spend a disproportionate amount of time in court.
Numerous Molten Metal officials and the company's lawyer did not return telephone calls seeking comment for this report.
But public records and ...
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