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Gold/Mining/Energy : Reg Technologies Inc.

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To: Marty Lee who wrote (204)2/22/1998 4:29:00 PM
From: jbal  Read Replies (1) of 825
 
I will make a friendly wager that RRE is at $3 in 2 months.

It is obvious that there is accumulation going on. A lot of shares have traded in the last 3 weeks. Stocks don't double for nothing, there is always a reason.

By reading the news release, you should know that it didn't have anything in it that explains why RRE is above $2. There is obviously something going on here. If REGUS starts to move as RRE has, I think this will prove it.

I believe it takes along time for this type of technology to be perfected. The Wankel engine came on the seen to early, with too many design problems. I believe the slow process will make the final product much better than if it was rushed with flaws in the design.

By going slower and not spending large amounts of cash in a short period of time, we have a company very near a working prototype with relatively few shares on the market. RRE has 18m and REGUS has 8M with a 2m float. When Reg moves above $10, even you will be happy.

your friend Jack.
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