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Gold/Mining/Energy : Montello Resources -- Ignore unavailable to you. Want to Upgrade?

To: Steve Johnston who wrote (3976)	1/23/2000 12:06:00 AM
From: JP	Read Replies (1) \| Respond to of 4256

<<They announced that they would be "looking at high tech opportunities to maximize share value"(without saying in the least what they were) and the stock immediately doubled from 13 to 27 cents, on heavy volume. Just one example of several hundred sad cases, I am afraid. Is MEO any different, you be the judge, but I for one think not. >> Now MEO has two good internet plays - just think how well they may move. Steve -you seem to miss the boat altogether - we play spec stocks to make money on the stock market - not to be able to boast about who's CEO has the keys to the Granite Club washroom. Montello has as much substance as needed for a spec stock to take off. If CDM can move so well on nothing -just think how well MEO can move in this market. Plus -sorry to ruin your story but CDM probably has a reasonable play already lined up -and the people that follow it probably know what it is and therefore they are willing to buy up the stock now based on an understanding of management. Did you pick up a phone to find out - no stock trades that heavy without a reason -you just don't know what it is. If you do the 3 minutes of research that I just did you would find that they have 46 million shares out and have 10 million Australian dollars in the bank. If they move into the high tech field they could probably do it well - plus the head office is in Australia which leads you to think that it could be an Australian high tech firm that they would go in on. JP