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Gold/Mining/Energy : Canadian Technology issues

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To: stakasaki who wrote (612)	5/27/1996 1:54:00 PM
From: Fred J Bealle	of 640

Scott, I paid .75 today for TVL (too much) but I expect it to oscillate around that until the launch after this summer. Not the usual quick flip stock. One could wait until everybody hates the stock, and then buy. Be contrary, be willing to be called stupid, and pick up the stock for maybe .50 on a 'bad' day in July! Hope for bad news, and then have the courage to buy. Why rush? Bad news always comes. As to mining vs tech decline, I like to imagine that all stocks are garbage at heart. History usually proves this to be true. Fidelity helped to screw up tech stocks, Cartaway may scare people away from mining. Hmmmm. Black Swan is going up again at times. If I had a cheap stock that went really high, I would sell enough to get the capital back (George Chelekis' advice) and then let the rest ride. And never never never chase a stock on its way up. Mining or tech. If something sounds too good to be true, it likely is. ------- PS. Forecross FRX.u/vse looks too good to be true. $7.35 now, was $1 in March! What gives! Aetna sure likes them. Aetna is huge.

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