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Microcap & Penny Stocks : Seahawk Deep Ocean Technologies (SDOT)
SDOT 5.945-2.5%11:17 AM EST

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To: joco who wrote (59)7/21/1997 6:55:00 AM
From: Eric Wood   of 82
 
1. If the shipwreck is found with substantial gold... Here is my guess on what it will do: It will run real fast (within an hour) to about $2.50 then fall hard and fast and settle at around $.70 as flippers take a profit. If you're not constantly on a monitor watching the market, it is probably a good idea to set up GTC orders on this in case it happens when you're not looking. 2. If the shipwreck is not found... Back to $.10 - $.15 as we have been. There is some other stuff they are working on that is unrelated to Golden Eagle. - Eric PS> Michael.. you mentioned "Seahawk is keeping the price down..." - they really don't have any control over the price, other than to release or not release news. I don't know why they would want to keep news a secret... but then again, you never know. PSS> Above statements are pure speculation and not grounded in fact. Caveat Emptor.
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