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Microcap & Penny Stocks : ICVI (now MTEI) -- Ignore unavailable to you. Want to Upgrade?

To: Blitz who wrote (11225)	6/10/1998 11:58:00 AM
From: Steven Angelil	Respond to of 11850

I agree, this stock has absolutley nothing to do with the low price of oil TODAY. Maybe someone can educate me by answering the following ? In the semiconductor stocks, they usually make their biggest moves about 6 months BEFORE the fundamentals either get better or worse. I would guess the big oil stocks act in a similar fashion. Anyone know? I know I can just go look at a chart of TX OR CHV OR XON, but I just wanted to let the new folks in on the idea that stocks are usually a good LEADING indicator of things to come, whether that be good or bad industry/company fundamentals. To those that added today, congrats..to those that panicked out, may that be a lesson you will learn, and vow to not let that happen to you again. Sincerely, Steve

To: Blitz who wrote (11225)	6/10/1998 11:59:00 AM
From: StandFast	Read Replies (1) \| Respond to of 11850

I tend to agree with you Blitz. The property was purchased for its coal and Natural gas reserves(correct me if I'm wrong). I work at a power company and all I know is that with summer comming the demand for Natural gas goes dramatically upwards! Because Natural Gas is used to generate electricity. We do more than just OIL! :))