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Gold/Mining/Energy : Current Technology
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To: Carl who wrote (16)1/5/1998 10:17:00 PM
From: Chad Beemer  Read Replies (1) of 79
 
Carl,

Bernard just got back from London so I am hoping to hear some news
soon on AVAL. Lance still hasn't got back from Australia so I can't
give you much of an update on ONE until he gets back. I hope you consider picking up some AVAL as I do look for upward movement on any
news release since it will be their first acquisition to their company. I appreciated your comments on the SBI page to Rob as so many
times it is very difficult to sort out the wheat from the chaff. Rob
obviously has been paid and has stock options in SBI so he is promoting the company because of that. I personally have to have a passion for a company's business plan and get a good feel for management and their integrity before I will invest and unfortunately
I don't trust management in 3 of Robs companies as their management
has not shown me that they are working for the shareholders but just
to create wealth for themselves with cheap stock and options and then
doing a wrap around on the backs of the smaller investors. When directors and insiders sell stock they should sell it piece meal at a
time and do it on large volume. They should also know of bigger parties and funds that are willing to buy stock at higher prices which
also doesn't pound the stock down. This is why you have to be cautious
of pump and dumps as the stock runs and insiders sell causing the stock to crash leaving smaller investors with wallpaper.

Chad Beemer
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