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Gold/Mining/Energy : Capital Alliance Group - CPT (CDNX) -- Ignore unavailable to you. Want to Upgrade?

To: keith massey who wrote (281)	4/12/2000 3:42:00 PM
From: keith massey	Read Replies (1) \| Respond to of 960

As much as I had my fingers crossed, it looks like we are not completely immune from the current technology stock weakness. The stock price is still looking strong compared to 99% of the technology/internet stocks that are down 50-75% or more from their highs, so when this large shake-out is finally over we should be sitting in a very good position in my opinion. From a fundamental standpoint, it is very easy to justify a significantly higher price in both the short term and especially in the medium and long term based on just asset value alone (forget about current and potential earnings from SEG/CIBT). In my opinion, on the next market up wave investors that got burned on many of the current "high flyers" will be looking a little more carefully for stocks with assets and growth fundamentals that can survive in any market and I think that during the next few months CPT will prove it fits that bill very nicely. The current $19 million in cash with a minimum of $60 million to come sure helps minimize the downside risk to the price. I would hate to be sitting on any of those high flyers that don't have either earnings or assets to support their price. Other than CPT I am in cash in my medium and long term accounts. From a technical standpoint, in my opinion the gap from $2.80-3.00 was a breakaway gap and will provide strong support for the stock. We have traded 2.2 million shares above $3.00 which is more than the public float and should also lend support for the shares price. I decided when I first start buying CPT that trying to time this one and flip it around to lower my price was risky so I decide to just add to my position with the GEM IPO as a target to take some good profits. I continue to stick by this rule and slowly average down on weakness. Best Regards KEITH