Caye Chapel -- CAYC --- Currently Undervalued Message Board

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Microcap & Penny Stocks : Caye Chapel -- CAYC --- Currently Undervalued

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To: Steve who wrote (69)	6/21/1998 10:37:00 AM
From: Richard L. Williams	Read Replies (1) of 112

Hi, Steve-- I am not trying to "harm" anything. I am merely commenting on the behavior of Caye Chapel's stocks, which is a matter of public record. I agree that in normal times, that news release would have been fine news. But Argentine oil is going for $8.50 a barrel these days, and US oil not much more than that. Oil is a depressed sector, and will be for quite some time. I don't think any attempts to support these stocks with words will work. We'll just have to turn our backs on them for a year or two, and hope these companies are still around when oil prices come back up. BTW, that 6/1 release did make CAYC shoot up nearly 100%--t'was nice while it lasted, eh? Cheers! Rick

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