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Gold/Mining/Energy : Solv Ex (SOLVD)

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To: Sid Turtlman who wrote (3231)6/2/1997 7:56:00 AM
From: David Coakley   of 6735
 
Oh yes, that's right..., this has been the ultimate scam lasting years. The stock sure does hold up well considering the NEGATIVE HYPE doesn't it?

I believe the truth is closer to the scam artists being brokerage houses and customers of theirs being the scam artists. They attempted to kill this company (re: terminal short) before SOLV had a chance to prove out it's technology. If successful they would have been able to convince alot of folks that SOLV was, indeed, a fraud from day one. SOLV, however, has scratched it's way to the point where I firmly believe they have convinced major players their "technology" for turning the enormous assets contained in their leases and other's into profits merits the relatively minor investment to see it developed further.

This is why I believe the stock has maintained a following and been able to handle the incredible flurry of short selling recently. If there were little chance for success this stock would have been "terminal" long ago! Someone has been covering....

I remain confident.

Dave
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