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Gold/Mining/Energy : Crystallex (KRY) -- Ignore unavailable to you. Want to Upgrade?

To: Fulvio Castelli who wrote (5536)	2/19/1998 11:56:00 AM
From: viper	Read Replies (4) \| Respond to of 10836

If you are so SURE KRY has won why is the stock not up to new highs? Why is there nothing but sideways action?

To: Fulvio Castelli who wrote (5536)	2/19/1998 12:00:00 PM
From: Irish Jack	Read Replies (1) \| Respond to of 10836

Fulvio, I have been reading all of your posts. I think you are one of the best on this forum as well as SH. I am long on KRY. However,my Italian wife of 32 years is giving me "agita". But this is the first time I have heard "today". I have asked shorty for further info which he has said he will try to provide. If he is correct then we will see who is right and who is wrong. I post this to you because I think that you have a better way of gathering info than I--otherwise I would do more posting. Later, Irish Jack

To: Fulvio Castelli who wrote (5536)	2/20/1998 9:24:00 AM
From: Dan P	Read Replies (3) \| Respond to of 10836

Fulvio: Dorothy Atkinson's valuation of Crystallex is based on the assets of the company, assuming the court decision is in KRY's favor, which the market appears to be suggesting. The sharp correction and now stabilization of the stock price has not really changed the direction of the stock which is still headed higher. Atkinson's valuation of C$25 would probably be attained on an initial move into the stock by those on the sidelines. Can you imagine what the 3.8 MILLION SHORTS will do to the stock under those circumstances? I would estimate another 50 % rise from that level simply on short covering. The change in attitude of the MOM towards KRY signals an important event in this company's quest. It is hard to imagine an outcome that would be unfavorable to KRY. Nevertheless, the ruling has not been issued yet, and we'll have to wait for that event. Regards Dan