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Gold/Mining/Energy : Montello Resources

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To: JP who wrote (3191)	5/7/1999 6:02:00 PM
From: Chucky99	Read Replies (3) of 4256

I too tried calling quick today, but, no luck. JP how does this sound. With many mining stocks changing into internet stocks, I heard an unfounded rumor that Pat is considering changing there objective to an internet based company of some kind. This is coming from a friend from a friend that is good friends with a broker in Union. They are only under the assumption that they may do something like this. This is not reliable info but, notice who were doing the buying today. Very interesting. That's all I have nothing too much, but, this might correspond with your earlier comment that Pat has something up his sleeve. Well this may be it. The source has told me to see MEO in the 20-30 range during the begining of next week. Again, this may just be hype, but, wondering if you or others may have heard that this is the reason for the speculative buying today. True or not I'm hearing the buying came on the potencial of this annoucement next week. The other more reasonable theory I can come up with is that it was very easy to move the price up and they knew they could rocket the price on low volume (look at who was buying) since many retail investors still in this is not paying attention. They will get home tonight and then relize the major move and wonder to what is going on. Thus, very easy to push the price. Also to hope that next week it will bring retail investors to blow out some of the stock at higher levels. JP I don't know maybe both theories have some truth. I'll keep fishing. Happy Investing

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