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Gold/Mining/Energy : MADISON SYSTEMS(MADI) Multi Million Dollar Contract -- Ignore unavailable to you. Want to Upgrade?


To: Chris O'Keefe who wrote (5205)9/16/1999 3:49:00 PM
From: ColleenB  Respond to of 5832
 
Or sooner. The bid just dropped to 10cents. Unless MADI can do something to generate more $$ than some religious ISP, it will drop even more. On the bright side, the volume seems to have tapered off.



To: Chris O'Keefe who wrote (5205)9/16/1999 4:16:00 PM
From: DuGen  Read Replies (1) | Respond to of 5832
 
How low will it go? I dun'no. Most of my buys are around .50 and up. That was supposed to be support. Then I got some at .41 and thought it was a steal. Then, not to average down but to round out my total shares, I bought some more at .18. Then some scum suckin' jokesters were saying it'll hit .12 and that was funny. Nobody is laughing now.

If ya look at the 5 day and 20 day moving averages that SI gives with their charts, that little 5 dma has been under the 20 since early June. This could get kinky if it wasn't so depressing. When the 5 climbs over the 20, and we see some volume with it, it might spark some hope. Until then ya might as well watch your grass grow.

The fact that we're still trading is a good sign.

I still think the Centurion is our best hope. That Y2K hard card was a joke from the start. The ISP could help pay the utility bills maybe. Their biggest problem comes from within and it's not the product. They market, get agreements, set up distribution networks, and then everything falls apart.

It's been over a year since they started marketing the Centurion. IMHO a blind and deaf quadriplegic in a full body cast could have sold more. My suspicions are that Madison would make a commitment and then for some reason, not live up to it. This is not a good thing to do, professionally or personally. It's either that or they totally lied in all the NR's.

And at one time I had hopes of seeing this hit $12.75. Heavy sigh...

DuGen