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Gold/Mining/Energy : JAB International (JABI) -- Ignore unavailable to you. Want to Upgrade?

To: sailor who wrote (1036)	11/10/1997 10:14:00 AM
From: Mr. Miller	Respond to of 4571

Breaking through 1 1/2 may be a great feat relative to where this stock has been in last month or so. Once we break it, we will have no previously established ceiling, so a new one will "need to be formed". With the pressure of sell orders at 1 1/2, we will spend much time there consolidating unless big news assists us through easier. I had a great week last week on paper for BCMD, up greatly for the week, so I expect some profit-taking, but more movement ahead. I am standing pat. Regardless of what happens with JV, I expect heavy buying before end of quarter that will be in anticipation of production numbers. If that is all we have to look forward to, this stock will be up and down well before Jan release of numbers. BUT I do expect good move through 2 without ANY news till then in anticipation of positive numbers. No matter what they are, I think we will be above 2. If they are weak, we will decline, obviously, and if they are in line with expectations(whatever that is) or better we will stay at that price or move higher. If we have moved to 1 1/2 on no news, I still see the buying driving us up in ANTICIPATION. End of quarter before announcement of numbers may be a good time to bail for those who can't stomach what may happen on the day numbers are released. IMHO. Miller Correct point,GB, on BID to ASK-my mistake, reversed intention. Miller