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Gold/Mining/Energy : JAB International (JABI)

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To: Mr Metals who wrote (3944)10/13/1998 7:39:00 PM
From: Martin Wormser  Read Replies (3) of 4571
 
Mr. M, With all due respect, a lot of people made a lot of money with Bre-X. The stock went from $1 to $250 or something like that. It was the greedy ones who lost money. Anyone who got in early should have cashed out regardless of the bogus mine.

Don't tell me if you bought a stock at $1, you wouldn't have cashed out at $50 or earlier.

Greed is universal. Not just the ones who run the company. BCMD never got past a couple of bucks.

I think it was different with BCMD. Jim probably was doing the best he could for a stockbroker. It was the jerks at Sterling that screwed everything up. From what I heard, they were the greedy ones.

martin

BTW: Jim needs about 50K to file for Ch 11. They have about half.
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