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Non-Tech : Sungold Gaming International (SGGNF) -- Ignore unavailable to you. Want to Upgrade?


To: Archangel who wrote (2154)5/21/1998 5:34:00 PM
From: Carol Barnes  Respond to of 5164
 
Close $1.7812 up .0312 Hi $1.875 Lo $1.50 Vol 14,400



To: Archangel who wrote (2154)5/21/1998 8:37:00 PM
From: Mike H  Respond to of 5164
 
Good Point Archangel.

Small bit of humor I took out of your post was the reference to "longer term Sungolders". It struck me that there could not possibly be ANY short term investors in Sungold. Sort of unusual.

I believe Sungold investors fall into three catagories:

1. Bought in a long time ago and will hold for the huge
pay off to come.

2. Bought in a long time ago, unhappy and looking to get
out at any kind of profit.

3. Bought in a recently and holding for a huge gain.

I am in the first group. I believe the second group will regret selling. The third group is in a very lucky position as they will most likely share in some great profits with significantly less pain and suffering than the rest of us.

Having said all of that, I would like to echo a comment I saw on this thread quite awhile ago. That is that this is like holding private stock. It moves very slowly. In addition, development is a very tedious slow game. So patience is of the essence.

I believe this summer will be very rewarding. I am personally very optimistic for good news, positive movements, early this summer.

Sincerely,
Mike H



To: Archangel who wrote (2154)5/21/1998 10:31:00 PM
From: Cheeky Kid  Read Replies (1) | Respond to of 5164
 
Not that this is really important, but:
RE:
<<<I would just like to remind the longer term Sungolders...that present prices still represent over a 100% increase from what the stock was originally purchased for:>>>

I would guess, allot were stocking up (no pun intended) on this at the 12-15.00 range (pre-split). So say you paid 15.00 (some may have paid as high as19.00), that would work out to 3.50 US (post-split). So it wouldn't be a 100% return for them.

Yes, allot of shareholders paid 2-3 dollars Canadian (pre-slipt) and I would guess lots paid in the mid teens. When the stock was at approx.15.00C, Carter said, if I recall correctly, on Investment TV show, that if it pulled back, it would be a buy.

NOW, Don't get me wrong, I am NOT blaming anyone, or am I upset at the current stock price. Just pointing out some facts. No major news for a long time, the price will pull back. Remember I said I was willing to hold 1-2 more years unless something happened? That was 6 months+ ago I said that. I haven't changed my stance on the company. I personally believe we may be waiting until the fall before we see major increases in the stock, but I hope I am wrong. I just can't see things happening that fast when you are dealing with the politics of gaming.

But what do I know.................I'm just a computer addict.



To: Archangel who wrote (2154)5/21/1998 10:56:00 PM
From: Rogue Warrior  Respond to of 5164
 
You, Robert, are a very fortunate man.

R.W.