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Microcap & Penny Stocks : QSOUND LABS INC - - QSND - - ACER GROUP - - IBM -- Ignore unavailable to you. Want to Upgrade?

To: Scott H. Davis who wrote (760)	9/25/1999 2:56:00 AM
From: HeyRainier	Read Replies (1) \| Respond to of 857

Hello Scott, I too, along with other shareholders I'm sure, have shared in your frustration for this issue. The point about aggressive, and with hindsight, unrealistic revenue forecasts has hurt the company's ability to retain investors who understandably felt misled. I have too much Technician-blood in me to deny what the charts have been telling me, and have acted accordingly to reduce further exposure in this downtrending issue. The perception, even if it may detract from reality, is the key issue here, and perception is more easily interpreted with technical analysis than with fundamental analysis. Until the two schools converge (i.e. the technicals reflect the claimed fundamental improvements), added exposure for my portfolio will be as imaginary as the company's once-projected revenues. Rainier