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Gold/Mining/Energy : Global Platinum & Gold (GPGI)

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To: JACK R. SMITH JR. who wrote (4275)	11/21/1997 9:54:00 AM
From: Zeev Hed	Read Replies (2) of 14226

Midas, as I said before the meltdown in IPMCF, if they have a meltdown (and I would say it was not a kind trading range), then the rest of the DD's will be thrown with the dirt water as well. I see the technical weakness here as due to IPMCF, I think that the downside momentum may continue until D.J. can come up with some credile news release. I do not think J.D. should use "stop gap" news releases because at this point the DD's as a group have lost a lot of credibility. He should wait until he is in a position to put the bang down. A half baked release will do more damage than no release. Zeev

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