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Microcap & Penny Stocks : VLVT (was CSMA) -- Ignore unavailable to you. Want to Upgrade?

To: Michael J.Harkins who wrote (3600)	12/15/1997 6:35:00 PM
From: David Smith	Read Replies (1) \| Respond to of 11708

Others are concerned too. The fact of the matter is that we are now in the holiday period and many people at this moment are not focused in stocks. Look at today's volume, barely broke 100k. I, myself will be going on vacation for a week and investing is not going to be foremost on my mind. The support will come back if you wait around for it. It would be a shame if you get discouraged enough to sell. This is a bad time of year to expect much from ANY stock. Have you read all the posts from the last several days? There are investors who have been following 20 stocks and they are all down. Patience has its virtues. Michael, you commented about statements on the price of the stock a year from now. What kind of rate of return do you demand and in how short a time? If you make significant money on this stock in 1998, will that not make you happy? David

To: Michael J.Harkins who wrote (3600)	12/15/1997 6:38:00 PM
From: tradesman	Read Replies (1) \| Respond to of 11708

Michael, I'm not convinced there ever was a "short Squeeze". I've also not seen any "fundamentals". I've seen a lot of posts that suggest the Company is doing, or is going to do great things and even some posts with numbers attached, but, unless I'm totally incorrect, all that, 100% of it, is pure speculation. The stock price broke major support at $1.00 and until stellar news is announced, I personally see no reason for the price to go back above a buck. It will take substantial news of a magnitude that will attract new money, before the price goes back over a buck. Frankly, I'm hesitant to believe such news is forthcoming, in even the long term.

To: Michael J.Harkins who wrote (3600)	12/15/1997 11:24:00 PM
From: David Smith	Read Replies (2) \| Respond to of 11708

This response is from TraderGreg: <someone is obviously selling. >ÿ With that phrase you've answered your concerns about the decline and where the squeeze went. Unfortunately, selling into shorters who needÿ to cover is likeÿ squeezing them with a tire off of a CAT.ÿÿ Just isn't going to happen. Remember, the short position was never more than a million sharesÿ or so. Right?ÿ So as the price declined, and selling took off, covering was not only not a problem. butÿ the greediest of the shorters were probably waitingÿ for further declines...which they got. Good news is this.ÿ Fundamentalsÿ are still there.ÿÿ And then some.ÿ Let's think back a whole sixty days ago.ÿ As the stock was still declining to the mid-teens.ÿ What has happened, fundamentally, since then?ÿ Continued expansion of AdHatters, expandedÿ programs for LPS(which was just a twinkle 60 days ago), coverage by M3 research on Coconino inÿ general and oil/gas in particular,ÿ submission of the EnviroTec well's Class V request for review by Utah's environmental quality people, and preparation of 10K to become a reporting company.ÿ That's a lot toÿ consider. Remember, this is December.ÿ Everything is tanking!! Light volume, selling for the tax loss, etc. Keep the faith. TG