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Gold/Mining/Energy : Markatech - MKD (VSE)

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To: Ted Kosokowsky who wrote (232)5/28/1998 11:29:00 PM
From: BlueIce  Read Replies (1) of 416
 
It's great to see that MKD is on schedule. It was a bit scary to go almost two months with no official news releases and the stock price staggering a little bit, but they were simply working hard to get the details ironed out.

I also bought more shares recently at $0.12. At these prices it's a lot less risky now that the deals are in place and they have the funds. When the price is cheap like this, it's a lot easier for people to jump in than if the price was a lot higher. Since MKD's staff has stock options now, it's in their best interest to see a higher share price.

When I talked to Lawrie today, he said there was going to be an e-mail blitz to 400 people this week who are interested in MKD. We'll see what comes out of that. If 10% of those people react positively and buy, that's 40 extra buy orders. He also mentioned he's in touch with a couple of brokers who were waiting for this news release before getting in on the action, so we'll see what comes out of that too.

It looks like there's still a bit of selling at these levels. It's probably by the people who bought early in the year when the stock was sitting at its low point.
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