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Gold/Mining/Energy : KAISER' PICKS AND FAX ALERTS, ***(JOHN KAISER)

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To: Rocket Red who wrote (234)12/18/1999 7:42:00 PM
From: Garry   of 311
 
Kaiser says Fedora can go higher, so hold

Fedora Industries Inc
FED
Shares issued 1,139,087
1999-12-16 close $0.57
Friday Dec 17 1999
John Kaiser, writing in the Bottom-Fish Action for the week of Dec. 6-10, says
Fedora Industries at 58 cents is a "spec cycle 100-per-cent hold," meaning the
letter writer believes the Internet vendor of bicycle accessories still has a way to
go before it is time to sell. Mr. Kaiser recommended the stock in December,
1998, at 20 cents. The letter writer notes that the former Specialty Medical
Products (which underwent a 1:5 consolidation in October, 1997) has announced
a private placement of 1.2 million units at 50 cents to finance continuing
development of its airbomb.com Web site. Mr. Kaiser says that in this
Internet-crazy environment, the structure of Fedora and its relatively low market
cap still leaves lots of upside.
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