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Gold/Mining/Energy : Solv Ex (SOLVD)

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To: Craig Johnston who wrote (2940)5/19/1997 5:02:00 PM
From: Larry Ricker   of 6735
 
Craig,

I don't know about anyone else, but I didn't expect a large sell-off in response to the 10-Q. I figured that most people were expecting the dismal results it contains.

Given the price trends over the last month it's hard to see why shorts should be worrying now. If there's any news it's probably going to be bad. Meanwhile the slow decay continues, down another 7/16 today.

Regards,

Larry
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