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Technology Stocks : Eiger Technology (OTC-BB ETIFF) -- Ignore unavailable to you. Want to Upgrade?


To: Dan Hamilton who wrote (40)10/30/2000 10:25:06 AM
From: Joe Krupa  Read Replies (2) | Respond to of 67
 
Hi Dan,

"Nice to see a steady flow of releases from Eiger in the last week. If we can just get a rally in the stock market in the next couple of months, Eiger may have a nice move..."

That's for sure. The lack of a bounce on any of the news last week, does not surprise me. The market has been very cruel lately, and not just to those who are more speculative. With Nortel now 50% off its high of the year, many folks (Canadian's especially with RRSP accounts) who have a lower tolerance for risk have finally found out that nothing keeps going up forever. Certainly the wealth effect in this country has been hit hard as a result, which inevitably translates into less money to invest in more speculative companies and greater fear of losing more.

Let's hope a nice pre-Christmas rally can restore some confidence back into the markets. Even though we are not getting a bounce right now on that news, my confidence level has been solidified. The stock price will eventually catch up to the news.

Nevertheless, some great news!

Thanks Dan.

Joe