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Microcap & Penny Stocks : Advanced Encryption Technology (AETI) Goes Public w/a Bang
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To: Sai P. yandamuri who wrote (351)10/20/1998 3:39:00 AM
From: swedelo  Read Replies (3) of 518
 
Sai,

I agree, partnerships with a major corporation would be an excellent situation to be in, and one I am fully expecting to happen in the future. If and when this will happen I don't know. Picking a stock like this is kind of like drafting a football player. Sometimes the ones that look best don't pan out and those you had little hope for turn into hall of famers. But, in the interum, I will always put my money on the company that shows the fundamentals, as AETI appears to have. As I have stated time and time again, I am a long term investor as long as fundamentals are there!

As pertains to the stock price and MM's, I have gotten the feeling over the past week or so that all that is going on is panic or tax loss selling. It doesn't appear to me by the spreads and the volumes that The MMs are particularly short or long at this point, simply trying to make their spread. Simply put there is just a lot more selling pressure than buying pressure. In the past, It has been my observation, that you will see a period of about 4-5 days of little or no volume (consolidation point) where people will start to simply refuse to sell. Today we hit .325 and bounced off. If we can go 4-5 days without going below this figure again, I feel it will be safe to go in the water again. Looking forward to listening to CC as soon as possible and upcoming news on contracts and OEM partners.

Has anyone talked to CFG or Mr. Andruski lately and if so what is their take on the current situation and when will we have a Conference Call?

Best Wishes,
Swedelo
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