SOUTHERNERA (t.SUF) Message Board

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Gold/Mining/Energy : SOUTHERNERA (t.SUF)

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To: gemsearcher who wrote (4030)	7/16/1999 12:05:00 AM
From: MNorth	of 7235

Well folks, it's not about fundamentals anymore unfortunately. It's about promotion, market mentality and production. Look at the numbers the Dow has produced and the returns of the tech stocks. Funds need success and big return numbers fast to attract customers. Individuals want the big return fast. Yadda, yadda.com went from 40 cents to 28 bucks. I don't know how many times I've heard that kind of crap. The PE's are outrageous. They don't mean a damned thing. Short term SUF is screwed and is on a slippery slope. People are having a blast playing "drive the price down" on pathetically low volumes. The momentum is going backwards, their promotion sucks and is driving them lower and few people are listening anyway. How totally unfair to a company who are so good at what they do. Personally I am long on SUF and think that there future success is blatantly obvious. I'm in the red and I know I'll get my money back and then some...but it is going to take a while. In the meantime I am going to have to pay for my views with a paper loss and a forced patience. Contrary to my earlier opinion, maybe on such low volumes a share buy back would be in the company's interest. They want to be able to issue shares in the future at the drop of a hat in case they come across a "deal"? Well a lot of good that will do if the share price is in the toilet. So in the end I choose to hold because I feel you can't go wrong investing in these people never mind the company's properties and direction. But even with patience it is frustrating watching SUF price being ridiculed. So I guess I will ignore the madness for now and check back in when the price is getting to my target of 20 dollars. Best of luck to all. Hope to be back soon.

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