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To: Deep Digm who wrote (1529)11/18/1997 7:22:00 PM
From: proud dad  Respond to of 4736
 
Does anyone care about news anymore? Why did we drop to .11?



To: Deep Digm who wrote (1529)11/18/1997 8:54:00 PM
From: alchemy  Respond to of 4736
 
Hello Deep: I still have my teeth, but I have to tell you that following this company this year has definitely aged me. I spoke with Elias today who said that we need to wait until early next week for the news. With the IPAA activity, they have had their hands full. I'm disappointed, but I'd rather they managed their PR prudently than rushed it out.

Phil, the reason this dropped to .10 is because the market doesn't believe we have revenue stream; it doesn't believe we have any agreeements; it doesn't believe the technology works; and it was probably expecting some big news. If we can convince the market that it is wrong on all three points, and produce a newsworthy item, it is my opinion that we will be knocking on .40 within a month. Two producing gas wells should help quite a bit. I don't think we're going to get there overnight.

Patience is still called for.

marty