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

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To: Big K who wrote (1256)	4/28/1999 1:06:00 PM
From: Sulayman	Read Replies (1) of 3896

I have been watching this company for a while and I like it. I traded the stock many times around the $1.20 range. I think it has really bright long term prospects but it is priced too highly right now at about $6.95ish. I expect there to be some kind of profit taking and we will see a slight retreat from its current highs. However, with its considerably lower share float (as compared to Bids) the stock would be a buy if the broader market fundamentals support that decision at the time. I am a little worried about the "broadening out of portfolios of investors to included stocks that have been out of favor" I am waiting to see what kind of effect that will have over the next few days. I am holding on to see what happens. Maybe I would buy maybe not....remains to be seen.

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