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Gold/Mining/Energy : GLS GLOBAL ASSETS

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To: Ron Kohnke who wrote ()	7/29/1997 1:52:00 PM
From: Jon Warren	of 135

I have been watching GLO for a couple of weeks and was suprised when people were saying there was good support for this stock. I have market depth up to 5 bids and 5 asks and found that I could always see the end of the bids. There were several days when there was only about 3 bids for a total of 3000 shares. Yesterday it got to the point where there were only 2 bids of 100 shares each. Not great support in my books. But today is different, there is somebody with 50000 shares bidding at 1.85. Is this the company providing support due to month end selling or is someone looking to buy in before the next run? JW

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