I C THAT..-(
Meteor Technologies Inc -
Kaiser says Meteor itching to blast off
Meteor Technologies Inc MMI
Shares issued 17,019,820 1999-12-15 close $0.22
Thursday Dec 16 1999
John Kaiser, writing in a Bottom-Fish Action for the week of Dec. 6-10, says Meteor Technologies is poised for a strong speculative run. "Buckle up and hold your breath," he says. Mr. Kaiser recommended the stock in December, 1998, at 29 cents, and in June at 15 cents, soon after the company focused on an Internet search product under development called Thoughtshare.com. He wrote about Meteor on four subsequent occasions. Mr. Kaiser says Thoughtshare is essentially a bookmarking system, an area of the Internet that has been getting a lot of press lately. Meteor will fund its 35-per-cent share of the project, more if Thoughtshare fails to raise capital from other sources, he says, adding that it is too late for a rollback. Looking down the road, Mr. Kaiser says a rollback will probably wait for later, when it needs a $5 (U.S.) price to qualify for a Nasdaq listing. The selling seems to have dried up and the chart is ready for a breakout, Mr. Kaiser writes.
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