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Gold/Mining/Energy : International Rochester Energy Corp. (T. ROH) -- Ignore unavailable to you. Want to Upgrade?

To: Ditchdigger who wrote (305)	1/1/1998 8:31:00 PM
From: peter hogan	Read Replies (1) \| Respond to of 934

my crystal ball says 2.50 by mid Jan..PH

To: Ditchdigger who wrote (305)	1/1/1998 10:31:00 PM
From: Ed Ajootian	Read Replies (1) \| Respond to of 934

DD, My crystal ball rarely gives short-term prices --- and when it does it is often wrong, so I try to ignore it! Its very hard to call short-term prices with these O&G microcaps but man, ROH does certainly seem destined for more gains in the months ahead. Isn't it weird that folks wanted no part of this company a mere week ago, for $1.60, and now they can't wait to plop down $2 for it! This is what makes the microcaps so great I guess. I would like to see the stock cool off around this $2 mark so as to shake out any short-term traders that may have jumped on in the December dip, but with the TSE news it seems more likely to charge right through the $2 mark. Maybe we'll get lucky and have some "sell-on-the-news" suckers dump some stock into this rally to cool it off. Now the insitutional types can buy it and not get chastized by their bosses for buying some fly-by-night VSE stock. (Instead they'll be buying a fly-by-night TSE stock, but _that's OK! ) Hopefully Phil Walsh will capitalize on this head of steam and line up another play sometime this month, while his company is in the limelight. Once they start hyping the new play folks will be valuing it at several multiples of the amount of excess cash in ROH (which is about C$.25 a share). I'm no TA expert but this explosive a move on such large relative volume bodes well for the short-term price movement. Would be interesting to see what your buddy the TA expert thinks.