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Gold/Mining/Energy : JAB International (JABI) -- Ignore unavailable to you. Want to Upgrade?

To: Ron who wrote (3330)	4/2/1998 10:28:00 AM
From: J.L.	Respond to of 4571

Ron: There will always be those who want to sell into a rally, people who bought at these levels and feel happy to get out without a loss after seeing the stock price at half of it's level of yesterday. There are also those who had the "smarts" to buy at 7/16 and sold for very nice % gain, in less than a month...can you beat that ? Well yes, you could have been in EMG.V and multiplied by four or five which is the vision that some of us have for this company. Some have loftier visions. There will always be sellers and we will always question them. I did find the volume a curiosity, however the selling into strength is ok by me because it means fewer "loose hands" as it were. IMO, with the good volume yesterday it will take less buying volume in the future to make this stock move, assuming that we did eliminate some of those loose holders and gain some strong hands. The $1 level should provide us with some tough resistance and the 5/8 level some very nice support. Once through $1 it should be very interesting but don't hold your breath...one step at a time. Best Regards, JL