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Gold/Mining/Energy : Software Gaming Corp. SGMS/CDN-OTC

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To: David A. Lethe who wrote (72)9/22/1997 8:23:00 PM
From: Mike Leonard   of 1968
 
David, first let me say that i personally welcome any comments to this thread positive or negetive.
However, I must say that your comments do "confuse" me somewhat.

It appears that you had invested heavily in CRYP and have basically flipped it and unloaded your entire position today. (ref: post #294 of CRYP thread). So you are willing to daytrade and flip a $30+ stock,
yet you are unwilling to take any position what-so-ever in a .30 penny stock with virtually no downside risk???

The best I can figure is that:
a. you have an uncovered short position in FDCD (unlikley)
b. you are closer to the play than you are admitting and looking for a shake out to add to your position.
c. You just an overly caution investor from Texas who has probably been burned by one to many penny stocks?

whatever the case, it really doesnt matter as I believe the future of FDCD or (software gaming corp) is just beginning and i am taking any and all opportunities to average up down and sideways on this one as I forsee some excellent short, medium and longterm investment potential.

Best,

Mike Leonard
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