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Gold/Mining/Energy : Jetform-FORM

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To: RMP who wrote (357)	11/12/1998 8:37:00 PM
From: Jim Oravetz	Read Replies (2) of 530

Took quite a beating today. Not out of line with any co. that preannounces "disapointing" results. Some get hammered a lot worse. IMHO, maybe II is right on some accounts, but if you are a long term (>2-3 yrs) this temp setback will work itself out. I bought some today for an IRA accnt. I still think there is further downside risk, especially if bombs start flying in IRAQ. I'll be reviewing my position and my look to buy more later. This co has some great partners for their well received products, SAP, Xerox, Microsoft etc. They seem to be pretty well managed, IMO. Balancing growth and the debt at the same time can be tricky. It does seem kind of odd that cash flow was low due to European factors. I would have thought there was some contraction in the Asian area -- maybe they aren't too dependent on that area yet. FORMF long JimO

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