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Gold/Mining/Energy : JAB International (JABI)

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To: Mr. Miller who wrote (297)10/22/1997 5:11:00 PM
From: tech   of 4571
 
Sorry to disappoint you Mr. Miller.

"It has settled at 3/4 because there are alot of people in the loss column and they are hoping for more good news NOW. If there is a delay, and every day that passes is a delay, then the stock will slowly fall back down and people will take their losses."

It has never settled at 3/4. It hasn't been that low in four days. And each of the last four days has had a higher low than the one before, indicating an up trend line. People will not take there losses. In fact, before this big run-up, less than half of the shares available were taken. So this run-up is because of new investors, and they are waiting for more inevitable press releases of good news. I think these new investors have shown remarkable patience, and we will all be rewarded.

Tech

p.s. I wouldn't consider people who hold their shares past $2 as pigs. I would call those people "investors," and I would be careful to label people because of their patience, persistance, and intelligence.
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