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

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To: j g cordes who wrote (614)12/23/1997 4:33:00 PM
From: Ed Pakstas  Read Replies (2) of 1841
 
Jim: I know exactly what you mean...I'm considering the following mental facts...

1) There are still individuals that are bidding for around 300,000 shares on a daily basis...I ask myself why???...
2) Most of those bids have been there for quite awhile and if they disappear they get replaced...I ask myself why???...
3) The stock trades appox: 1 million shares a week in a very narrow trading range...I ask myself why???...
4) There are rumours of deals pending, still floating around on the street...I ask myself why???...
5) Looking at the charts, the stock hasn't traded this kindof volume in this price range in the last 52 weeks...

IMO, people selling down here are losing money, or, there is still some promoters out there with a little bit of free paper left to unload, or, there are players (shareholders) out there that are getting a little bit antsy about holding on...

I'm staying long...

Merry Christmas to you and your family...

...ed
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