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Gold/Mining/Energy : Current Technology

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To: Carl who wrote (11)10/16/1997 10:51:00 AM
From: Marcman   of 79
 
Hi guys,

FYI, Doug, I've noticed a pattern to penny or speculative stocks: after a recommendation appears in ID (which is generally AFTER they've appeared in a brokerage report), they run up a bit for a while and then drop back to earlier levels. My feeling has always been that if you don't get them before the first runup, wait and buy on weakness.

That said, ONE is an earnings play. If the 3rd adn 4th quarter reports meet the brokerage firm's expecations (and the market's) then watch the price climb. If the earnings don't -- ooops!

Carl's got it right, though. Give this one a year. The $$$ should start rolling in in 1998 -- and the market shouldn't be able to ignore that.

GLTUA,
Marcman
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