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Gold/Mining/Energy : USA Video Interactive (US:ASE)

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To: Don craig who wrote (603)12/18/1997 1:56:00 AM
From: Ed Pakstas  Read Replies (1) of 1841
 
Don: We have been hearing those rumours for a couple of months now...Some have heard the same rumours for a couple of years... I almost unloaded today...Called me sources in Toronto this morning, and they advised me to hang in there...Watched the floor pretty well all day...Bids remained steady at about 450K down to .12...

Comparatively speaking the selling volume seems to have dried up (for today anyway)... Was told that the bad apples from before have been scooped but, IMO, only the next few trading days will tell...Around 3:00 pm., I saw 50K come out at .15...Within 3 minutes it got chewed up...Not a bad sign in my books...As a matter of fact, I'd say that over half the trading today was on the offering side...Another point on the positive side...The bids where firm with no screwing around...That's 3 points in their favour for today...We'll just have to wait and see what happens prior to the 24th...

Oh Yeah!...I'm loaded up big time and waitn'...

...ed
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