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Gold/Mining/Energy : Microforum (MCF:TSE)

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To: Buckey who wrote (179)12/22/1998 9:18:00 PM
From: Syncrude  Read Replies (1) of 3896
 
John,

Expectations in today's markets can run very high. Being a Canadian firm, responses to press releases just don't garnish huge interest. Until respected brokerage firms decide that MCF is worthy of a close look, the stock will be subject to wide variations.

There are just so many firms, both American and Canadian chasing the same dollars. It takes institutional stamps of approval to provide respectability to companies out there.

Finally, MCF does not appear to be in an area where "rocket science" knowledge is required. So, what may appear to be a lead one day, may lead to finding out the next that a few more firms offer the same thing. As stock prices tend to discount the future, you need to know what that future holds, or at least a pretty good idea of it. Those investors that are astute enough to see what others don't either make a killing or lose their shirts.

Just my 2 cents for tonight.
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