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Gold/Mining/Energy : JABA INC.(c.jba)

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To: Alex who wrote (682)	1/28/1999 7:32:00 PM
From: andy	Read Replies (1) of 1044

When one acquired shares in this company at $3 one was expressing confidence in company competence. When one still held as it fell through 30 cents, one was tenaciously asserting his faith in the company's brains. But when one's equity dropped below a CANADIAN dime, faith and confidence were severely shaken. 'Selling' at a loss of this magnitude no longer has practical meaning. To put it more descriptively, 'discarding' or 'disposing' comes to mind as the operative meaning of this transaction. Whereupon one must wonder if the slippery slopes of Mt. Jaba will descend to as little as 3 cents. At this point it does seem entirely possible. Looking on the bright side I venture 3 cents would effectively restore a value to my stock as an endurable called wallpaper. And at an exchange rate of 3 for 2, all of our lucky Americans friends will be able to claim they at least got their two cents worth out of their original due diligence efforts. Do I really want to find another big hitter like this one?

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