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Gold/Mining/Energy : Montello Resources

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To: Joe Sing who wrote (2136)	5/15/1998 4:43:00 PM
From: JP	Read Replies (1) of 4256

<<JP, today's trading would be an example of a negative correlation.>> Hi Joe - I earn my living as a Project Manager / Design Engineer on large industrial facilities and I have had to learn when markets have an affect on prices more than the actual. It is sort of like an accountant can figure out the book value of a house but you need a real estate broker to figure out what to sell it for. This is how I view the technical analysis of stocks. Montello -can be analyzed but the outcome is like the book value whereas we care about the apraised value. I feel that the market has accepted that MEO should trade around 10% of ACA during this speculative stage. I have been saying this for months -look today. JP PS - everyone was referring to the MEO management as sleeze bags a while back. They took a long time to give the news but it was never misleading -they sent stuff to the lab but never embelished to get the stock to move in fancy news releases that required reading between the lines. Given the choice I will take MEO approach over the misleading approach that we just witnessed from MMU and VIP.

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