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Technology Stocks : AER Energy Resources (AERN)
AERN 0.000001000-90.0%Jun 3 3:19 PM EDT

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To: DrGamble who wrote (593)9/28/1998 12:56:00 PM
From: Alan C. Zezula  Read Replies (1) of 621
 
Michelle,
Predictions for 6 months to 1 year, yours are as good as mine. I just don't know. A lot will depend on the Duracell funding and marketing of AERN's future products i.e. organizer batteries.

If you had bought AERN around 9/16 I think you would have been pleased with flipping out at 1 1/2 or so. As far a now I don't see any near term price appreciation to warrant a purchase at current prices.

I am tickled to death that it's holding it's own today and is showing an increase in price and vol. again usually a good sign. Don't forget they were on the verge of bankruptcy with $6.7 million cash burning $2.1 million per quarter on R & D. At least they appear to be like a Phoenix rising out of the ashes.

As for a near term investment there are better places to put your hard earned dollars than AERN IMHO.

Regards,

Al
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