JABA INC.(c.jba) Message Board

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Gold/Mining/Energy : JABA INC.(c.jba)

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To: Alex who wrote (130)	11/6/1997 8:16:00 PM
From: Dav!d	of 1044

Hello, This stock looks like it will be ready for a run in 1998 considering the management that is being pu together. If I recall correctly, Maedel actually put this company together when it went public last year. He, along with his wife, took part in the IPO (or some sort of private placement). I really do not think that he will abandone this stock completely. I was watching this stock at $2.50-$3.00 but decided to wait until it got cheaper to buy. I guess now is a great time to buy since it trades at < $0.40. Tax-loss selling will keep this stock below $1.00 but a good bottom pick for 1998. I noticed that Union sold a lot a few days ago that drove the price down from $0.50 to $0.35. Well, considering the latest news release, I guess Don was the one who was selling through Union. David

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