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Gold/Mining/Energy : Arconenergy, Inc. (Long Term Investors and Fundamentals) -- Ignore unavailable to you. Want to Upgrade?


To: Gary Lutz who wrote (747)4/15/1998 4:03:00 PM
From: Binder  Read Replies (2) | Respond to of 1757
 
Gary,
I talked to Mr. Fisher last Thursday night, (due to the Jacoves thing) and all was well and right on track. He told me then that he expected more news in the very near future.

In my honest opinion, I think often times people put a little too much emphasis on news releases. I would much rather see the company take its time to secure good solid deals, and THEN tell us about them, instead of a constant stream of not-so-newsworthy paid releases.

If a company has to pump out news releases of no substance simply to maintain shareholder interest, then 2 things become evident to me. #1 - The company is wasting its money, and #2 - they have nothing else going for them.

Internet newswires benefit internet traders. In my opinion, it's not the internet traders who will make this one "pop". I believe that most stocks "pop" when institutional buying comes in. If they have to take their time to make the company more appealing to institutions, then so be it.

When I first started buying OTC stocks, I had this preconceived notion that I was "slumming it" so to speak. Often OTC companies have to overcome that stigma to be taken seriously by big investors. If they want to take their time to make sure they are not regarded as "another fly by night OTC stock", then fine by me!

Heck, on another thread, we have a stock that has been dormant for years, and has put out 3 solid releases in the past 30 days. Can you believe that people are moaning and groaning for the lack of news?? Go figure.

Everyone I spoke with last Thursday was upbeat and excited, and I am just going to keep waiting and holding (and maybe even accumulating) until solid news comes out.

:-)
Binder



To: Gary Lutz who wrote (747)4/16/1998 3:38:00 AM
From: arriba  Read Replies (1) | Respond to of 1757
 
Gary, I talked to a girl in the office in the afternoon and She said that everyone was still in a meeting. I asked her about further updates on DF144 and she said that things were going well and there should be some news by friday, heck I sure hope so. She also said that the phone has been ringing all day long and that others have been calling and asking the same question. Man I am very eager to hear some more good news!!!! One thing I know is there are alot of details to be worked out and I guess thats what the meetings are all about. I also asked about the share holders meeting on May 29th. She said the last thing she understood is that it was still on schedule, but she did not know where it was going to be take place at. She said it depended on how many people were planning on attending, so they could accomadate everyone. When I find out about the location, I will let everyone know about a Hotel that is close to the meeting's location. I hope to see alot of you there and put some faces to these names. Well im off to bed!!! Cya

A fellow Investor,
arriba