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Gold/Mining/Energy : PONDER(PNDR nasdaq)

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To: Mike Harkness who wrote (31)	8/17/1998 1:35:00 PM
From: Kelly Hinkle	Read Replies (1) of 38

Does anyone know of any fundamental reason for last year's run up to $3.00? Back then I got in the stock at 1/2 and sold after it hit $1.00. The reason I got in: the stock has previously traded in a range from $0.50-$1.00 and I hoped that the pattern would repeat, which it did. I bought in again recently hoping the same movement will happen again. Does anyone see anything fundamentally different with the company today which would make a $1.00 valuation unreasonable???

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