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Gold/Mining/Energy : ASHTON MINING OF CANADA (ACA) -- Ignore unavailable to you. Want to Upgrade?

To: maintenance who wrote (4922)	4/30/1998 4:43:00 PM
From: Famularo	Respond to of 7966

Maintenance, One of my accounts is with Canaccord. In most situations, stocks that Canaccord puts a hold on is when they go out and buy in anticipation of a buy down the road.

To: maintenance who wrote (4922)	4/30/1998 5:12:00 PM
From: Jamie	Read Replies (1) \| Respond to of 7966

<<Doesn't "hold" mean take what you can for it now, because if you think about it for a while you will lose even more?>> while "hold" is usually a euphanism for sell now, I would agree with Frank F's comment about Canaccord's true intentions. One need only look at how often their "buy" recommendations have them being a big net seller of the mentioned security. For everyone in a panic over yesterday's news, I would suggest just imagining that those 3 pipes had never been found (hence there would have been no news yesterday). Would you think less of the play today then you did a month ago? Has the reason you bought the stock for changed? I think we have a case of the most prehyped play in the history of junior resource exploration (thanks to the many cheerleading newsletter writers) having unrealistically high expectations. There is seldom non stop good news in any resource exploration. Considering diamond exploration historically, it is statiscally improbable that there will not be better news to come.