Arconenergy, Inc. (Long Term Investors and Fundamentals) Message Board

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Gold/Mining/Energy : Arconenergy, Inc. (Long Term Investors and Fundamentals)

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To: Gary Lutz who wrote (747)	4/15/1998 4:03:00 PM
From: Binder	Read Replies (2) of 1757

Gary, I talked to Mr. Fisher last Thursday night, (due to the Jacoves thing) and all was well and right on track. He told me then that he expected more news in the very near future. In my honest opinion, I think often times people put a little too much emphasis on news releases. I would much rather see the company take its time to secure good solid deals, and THEN tell us about them, instead of a constant stream of not-so-newsworthy paid releases. If a company has to pump out news releases of no substance simply to maintain shareholder interest, then 2 things become evident to me. #1 - The company is wasting its money, and #2 - they have nothing else going for them. Internet newswires benefit internet traders. In my opinion, it's not the internet traders who will make this one "pop". I believe that most stocks "pop" when institutional buying comes in. If they have to take their time to make the company more appealing to institutions, then so be it. When I first started buying OTC stocks, I had this preconceived notion that I was "slumming it" so to speak. Often OTC companies have to overcome that stigma to be taken seriously by big investors. If they want to take their time to make sure they are not regarded as "another fly by night OTC stock", then fine by me! Heck, on another thread, we have a stock that has been dormant for years, and has put out 3 solid releases in the past 30 days. Can you believe that people are moaning and groaning for the lack of news?? Go figure. Everyone I spoke with last Thursday was upbeat and excited, and I am just going to keep waiting and holding (and maybe even accumulating) until solid news comes out. :-) Binder

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