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Gold/Mining/Energy : JAB International (JABI)

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To: Mr. Miller who wrote (297)10/22/1997 9:32:00 PM
From: DDS-OMS  Read Replies (1) of 4571
 
About the only 2 phrases you wrote that sound credible are "...I know nothing about mining..." and "...every day that passes is a delay, then the stock will slowly fall back down...". You know nothing about fundamentals ( or at least say research is worthless) or about mining--you base a buy on the fact that the stock's price spiked and therefore hope for some unknown reason it will keep going up? Hmmm? And you purport to give advice?? ROTFL!!

I wouldn't have bothered responding to you except for the remark re PR in general and Lionel in particular. If PR is only trying to hype a stock short term, how quick do you think they will lose credibility and in the long run, do the company more harm than good? Be realistic, the only thing PR has going for it IN THE LONG RUN is its credibility.
Once PR loses its credibility, it might as well pack up and leave. You also say that PR has only the companies' interest in mind--not the investors. Who owns the company if not the investors? In what way can PR help the company and at the same time hurt the investor? If PR helps the company, it helps the investor--they go hand in hand.

I'll admit to being biased regards Lionel--I've known him for 2 years and 2 very profitable private placements and cant recall being told anything untrue. Some things have not come to pass, time frames have slipped, some expectations have not been fullfilled, but no lies from this man. PR tells you what management tells them, so if management misleads or is mistaken, then this is repeated to you. They aren't infallible, and some would say this company has made it's share of mistakes in the past--and has been hung out to dry for it.

Lionel is a reliable source. I guess there was a third credible statement you made--"Let the press releases speak for themselves."--at least since mid August when Lionel came on board to direct public relations whereas there had been no professional PR before--and it showed.

Regards,
Gary
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