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

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To: PHILLIP FLOTOW who wrote (4614)10/2/1999 5:21:00 PM
From: ogod   of 7235
 
sure yorkton s analyst likes it that means something and nothing, yes if suf was looking to a secondary and get the firm/its client funds involved, the reality is no firm is likely to get behind suf without incentive, jennings strikes me as the kind of autocrat who will try to go it alone fm from what i can tell is turning away from suf, which for now leaves suf without any corporate support, a new analyst is unlikely to sign up until either messina or new bulk samples become available, my feeling slight rebound and sniff of the 3.10-3.50 range after earnings, then test for new lows towards year end, the tax loss selling on this baby will make for some interesting buying opps, hard to believe the value/marketcap ratio, but
""'The problem with many value stocks is you can buy them too early.' said Kilbane. 'We like to buy undervalued stocks only when investor sentiment is improving" I don t see a reason for sentiment to improve anytime soon the earnings surprise will only raise more questions, not assuage concerns, such as what are they doing to improve sholder value how many shares have been bought back etc...
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