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Technology Stocks : GEOASIA (OTC:GOAE) Internet and A-Net Banking. Undiscoved

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To: David Wideman who wrote (15)6/2/1997 10:12:00 AM
From: Samuel Bolles   of 18
 
David

"Misery enjoys company."

I am slowly starting to believe that ICC and its stocks exist in "Bizarro Jerry World," where positive news announcements, intermittent at best, have a negative price impact. It would be nice if some type of news trickled out about either GOAE or ZMAX, even an update a la ZITL's weekly tidbits. There is less interest in these stocks than "Al Gore's video instructional guide to speech making."

I do not place much faith in the oversubscription for GOAE based on the European trip, currently estimated at $2.5 million. Even if this equated 200,000+ shares were purchased, it would be done over the very long-term, as no one is going to buy so many shares in a short period of time of a stock that now has virtually no volume (the stock price would skyrocket).

I have to note that nothing ICC has said has come to fruition. It is not important to list examples, but prudent to reinforce cautiousness. The aspect that is frustrating is not windfall gains, as nothing is guaranteed in the market, but the lack of interest and volume.

By the way, can you please tell me the names of the new I and Z stocks?

Good luck,

Samuel
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