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Gold/Mining/Energy : Global Platinum & Gold (GPGI)
GPGI 24.16+2.5%1:35 PM EST

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To: Lee Bush who wrote (93)7/24/1996 8:39:00 PM
From: Zeev Hed   of 14226
 
Lee: The only news I have from GPGI is that they are very upset at my posting of July 12. I talked to one the guys at the facility, and he said that they do not like it when guys like us take the numbers that are published and derive the logical conclusions, since they do not like seeing big numbers that may sound like hype. I apologized and asked if I was wrong with my numbers, and he did not say I was wrong, mind you he would not say I was particularly right either. I think that in the last few months there have been a lot of hot air stocks hyped over the net and they really do not want to be identified with that crowd. I do not think they are, on the contrary, it seems that they are doing whatever is possible to reign in the enthusiasm that some of us are showing. In any event I am sticking by my numbers until I am proven wrong, or until Murphy proves to be more of a challenge than I anticipate.

As for the general assacre, I am losing more money on my high techs than on this one (but then I come in realtively low.

Best of luck

Zeev
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