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Technology Stocks : AER Energy Resources (AERN)
AERN 0.000010000.0%Oct 31 9:30 AM EST

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To: Russell Gasperini who wrote (505)2/1/1998 11:57:00 PM
From: Alan C. Zezula  Read Replies (1) of 621
 
RG,

At this point in time I have no idea what is normal for AERN. I do know one thing their R/D is eating them alive. They do ZERO marketing and have the poorest management I've ever seen. Who knows maybe they said their net sales increased 300% which sounds great until you read the fine print and realize sales had only gone from $1,000 to $3,000!!

Makes absolutely no sense to be up after it's last earnings report. Although once again grasping at straws it had a volume of 62,900 shs. on 1-30-98 so that was encouraging. Once again somebody out there is accumulating on upticks however bizzaire that may seem.

If you are lucky enough to see it hit 2 take the money and run!

Personally I'm hoping the Dow will test 8,100 st and then I'm bailing out of all my techs. First we must close above 8000 with strong volume so far no soap. Clinton's soap opera has quieted down. Now he will bomb the hell out of Iraq this month. Don't know how the market or AERN will react to that.

Good trading to you guys. Remember you can be a bull or a bear but don't be a pig.

Al
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