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Gold/Mining/Energy : Mercury Scheduling Systems Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Kevin Hamlin who wrote (360)	9/17/1999 11:31:00 PM
From: Kevin Hamlin	Read Replies (1) \| Respond to of 437

One of Mercury's quietest days that I've seen in a long time! Definitely no volume there, but more importantly, no selling pressure which was very nice to see. There wasn't any offers coming in below that .93 that sat there as the lowest offer all day. Sprott was still sitting at the .88 bid, but didn't get hit once. If you think of the whole price movement of MRY as a pendulum, it's starting to look like one week ago was the maximum swing of the the pendulum to one side. The pendulum now looks as if it may be starting to move the other way. If this is in fact what is happening, it is still very early in this shift of direction. Just from watching the trading going through over an extended period of several months, there certainly seems to be a different "flavour" emerging to the trading...particularly this week. If this continues, hopefully the pendulum will gain momentum and bring this stock up to substantially higher price where it deserves to be! That's often the nature of the market, particularly in the V.S.E. penny stocks. Very rarely do I see a stock that really reflects it's true value. More often they are overdone (or on their way to being overdone) either to the low side or high side. Those who can correctly identify these two extremes of course stand to make a lot of money. As for Mercury, the question people should be asking themselves is: a) Is the price at or near an extreme (in the case of Mercury, very oversold), and b) Has the pendulum swing (typical trading pattern) shown signs of changing direction. I.m.h.o., last Friday was a pretty classic downside blowoff.....maximum pain shaking out those who just couldn't take it, based on nothing more really than a sharp and temporary price downswing. So that's fine. Those people are gone and the shares are in much stronger hands, much of them in the hands of the bigger houses who have been accumulating all along. I've looked for signs that this downward price pressure was somewhat an orchestrated event. Although I have my suspicions, I can't offer anything definitive from the trades I've seen going through over an extended period. Sometimes the games played are obvious. Other times, more cleverly crafted. Anyway, I like what I saw today....no new offers coming in below that .93 cents...no house 52 selling. For me it was another sign that the pendulum really may be starting to change direction. I still stand by and believe strongly in what was said by a contact I have who certainly knows Mercury's real situation far far better than anyone else that I know. In his words...."Anyone buying anywhere under $1.00 is absolutely stealing shares." I'm confident there will be a day in the not too distant future where we will look back and see this to be more than true. Regards, Kevin