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Gold/Mining/Energy : Golden Eagle Int. (MYNG) -- Ignore unavailable to you. Want to Upgrade?


To: Douglas Lapp who wrote (787)2/9/1998 5:08:00 PM
From: zenin  Read Replies (1) | Respond to of 34075
 
I thought i might have woken up to a trading HALT on GE, but i guess i have to wait a few more weeks until this is reality.

Really i think that GE getting media support is great and more buyers to them when a buying opportunity is, but i want the real stuff in news releases something that will bring thousands of hungry buyers throwing around there hard earned into GE stock once some real news is released.

No other news will do much until we start to get this sort of information [positive positive positive].

Good trading

Jay



To: Douglas Lapp who wrote (787)2/10/1998 5:17:00 PM
From: CIMA  Read Replies (1) | Respond to of 34075
 
What is the plan on the Morton Downey show? How long is it? How many companies are featured in a show? Was GE featured on his show this past weekend? Anybody know future dates and times?

So if I understand your last statement correctly Douglas, you are saying that it is theoretically possible, and I repeat POSSIBLE, NOT FACT that the insiders have no intention of paying back the $1M loan and the bank keeps the 14M shares that are pledged as collaterall. Meanwhile, insiders reload by buying shares at these depressed levels. How would that affect any potential share price increase down the road? Are you referring to it negatively affecting any near-term increase? Did you get your hand slapped for floating such an idea on this thread? It is a possibility and I commend you for pointing it out. I, for one, hadn't thought of it before.

I've always been critical of management for not releasing feasibility information that is a normal requirement for legitimate companies. The last press release was the first to actually offer some numbers and give shareholders an idea of what to expect. So far I give Terry Turner credit for sticking to his word. My concern is that the results alluded to in the last press release either are delayed or unachievable as reflected by the share price. The share price manipulation scenario, while bothersome and unfair to shareholders in the short term, will not affect shareholders negatively in the long term if the results are there.