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Gold/Mining/Energy : JAB International (JABI)

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To: Peter S. who wrote (3633)5/7/1998 2:27:00 PM
From: Jane Hafker   of 4571
 
Please understand I'm NOT in. Cannot emotionally handle another foolish move. But like I said, there is the most conservative real, proven pure right-stuff type guy who is telling me about this stock as he thinks it has to go. It's just weird.

And I agree. A reverse split kills anything anyway, because people get into pennies for thousands of dollars a point, not a few dollars a point, and maybe in 2 years it might double if it doesn't stay there. The fun is gone and so is the profit.

If the reverse a done deal? There is another company I'm in now. They have done that 3 times on the same "shell" and may be going to do it again. THey pull in the sucker money with the pennies, I think, and then once they have that, reverse, and then it trickles away in all sells at nothing. IT's interesting way to make money and not go to jail, though, right?
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