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Gold/Mining/Energy : Microforum (MCF:TSE)
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To: Gordon Gekko who wrote (1047)4/16/1999 8:08:00 AM
From: Robert Dirks   of 3896
 
JUst look at the BID.COM story. They were in the same position trading at 2.00 to 3.00 and putting out the story to trade on Nasdaq.
There were many skeptics including me, but the market eventually bid them up to 10.00 just on anticipation.
If the market believes the MCF story, it should do the same to the
stock, IMHO.

Meanwhile there is lots of profit taking, probably shorting, which is healthy before the next leg up.

Remember BII dropped back many times to 2.25 before it finally took off.

Regards
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