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Microcap & Penny Stocks : MTEI - Mountain Energy - No BASHING Allowed -- Ignore unavailable to you. Want to Upgrade?

To: Steven Angelil who wrote (4302)	6/30/1998 4:32:00 PM
From: Sly_	Respond to of 11684

.33x.35 up .02 volume 628,500 .... Not bad :} (E)

To: Steven Angelil who wrote (4302)	6/30/1998 4:41:00 PM
From: Major Tom	Read Replies (1) \| Respond to of 11684

You know what they say Buy when everyone is selling, and sell when everyone else is buying. It amazes me people who bought last time when the stock was this low aren't buying now with the stock this low. We have so much more info on the company now which looks good than we did then. People just can't be patient. When it starts to move again people will be climbing all over themselves trying to get in and will have lost huge profits if they had bought in and just had a little bit of patients. I don't think it can go much lower unless something really bad comes out of the company. Just simply because people won't be willing to sell at prices much lower. Major Tom

To: Steven Angelil who wrote (4302)	6/30/1998 4:47:00 PM
From: ~digs	Respond to of 11684

A recent article I read in the bottom line publication: -it is written under the context of blue chips, but some concepts apply nicely to MTEI Investors' stock portfolios have trouble outperforming the S&P 500 Index when investors chase after winners. The problem is that the big profits have already been made on many well-known stocks, as attractive as those stocks may seem. Many of these stocks may offer little opportunity for further gain. One investment method that some strategists prefer is to buy stocks that are selling at bargain prices and have no place to go but up. To learn more about the value or contrarian method, Bottom line sat down with David Dreman, one of the masters of contrarian investing. THE CONTRARIAN APPROACH: Based on studies that go back 60 to 70 years, you will outperform the overall stock market by 2 to 2.5 percentage points a year by buying out-of-favor stocks and holding them for many years. The biggest challenge in investing this way is your own psychology. It is difficult to buy stocks whose prices have declined, and it's even more difficult to hold onto these stocks when their prices don't recover immediately. David Dreman is chairman of Dreman Value Management, LLC, an investment advisory firm. The firm's high return equity fund is ranked #1 among all equity income funds according to Lipper Analytical Services. He is also the author of Contrarian Investment Strategies: The Next Generation. Briefly, Dreman uses five different strategies to find undervalued stocks, any one of which will produce low-priced, high quality stocks. #1 Look for stocks that have the lowest P/E's #2 Look for stocks that have the highest yields #3 Look for stocks that have low price to book values #4 Look for stocks that have the lowest price-to-cash flow ratios #5 Look for the cheapest stocks within an industry (while staying diversified) I personally would expect #3 above to apply nicely to MTEI in one year. (Book value=company's assets minus its liabilities) If all goes as planned, we will likely see institutional buying within one year, if not sooner. JMHO FWIW, ~prot‚g‚