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Strategies & Market Trends : Fatty's Donut Shop -- Ignore unavailable to you. Want to Upgrade?

To: Matt Brown who wrote (2086)	7/2/1999 7:35:00 PM
From: Jeffrey L. Henken	Read Replies (2) \| Respond to of 5041

Matt, they shorted and bashed SNMM before... and it will fell, a little, leveled off, and has now made a lot of people a lot of money. It will fall again but the real reason is not the bashing. The stock is over bought and so far from any technical support levels that it's not reasonable thinking to chase it. Still it could go much, much, higher because lots of money is being made by the company itself. I personally would not chase it. Look at TLTG.... TLTG went nuts for many days in a row before losing several points today. Now it will have to regroup. Before any stock can move the float must be tied fairly strongly to hands who are willing to hold for a reasonable gain. I think GOCA has some devoted holders with reasonable, although high, expectations. GOCA is taking it's sweet time to make a move but unless the company is doing something highly dilutive, or issuing a debenture, then the stock will move very strongly in time. Last I heard there were 5.5 million shares in the float? It will take some volume buying to move the stock higher. The story here is a good one so it should happen. Patience and buying on dips will make all the difference. Just my opinion for what it's worth. Thanks, Jeff