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Microcap & Penny Stocks : AmeriResource Technologies (ARET) -- Ignore unavailable to you. Want to Upgrade?


To: Selfop who wrote (1593)8/14/1998 12:38:00 AM
From: Mr. Jens Tingleff  Read Replies (2) | Respond to of 7609
 
Dave, I agree about the correction - It is needed - Some blue chips are selling at far too overvalued prices. - Still the correction is (should be) of no matter to ARET.

I'm lending an ear to a previous post here - Housing is up - Native American housing seems to be in for extraordinary up, looking at the attention it gets. (Clinton)
In general I would expect that construction industry at all in US are having good times now.

Mike told us that he's got Native contacts confirming that ARET is present in that market. I would like to hear further on that, not that I doubt it!! - One of the links (to a native web-site) in the infostore (thanks to James Baldwin) certainly also confirms it.

I'm not happy with having said 2 weeks ago that ARET was a bargain in the 2 cent range now seeing it near 1 cent - But nevertheless it is still a bargain even in the 3-5 cent range IMO. I'll not be surprised if I'm waking up one morning in the very near future and find ARET having news that bounce for a market cap of 24.3MM (10 cent a share) or 61MM(25 cent a share).

One thing I feel would be both timely and fair, was if our company informed us their take on the block selling - (If it was not already done between the lines in the NT 10Q.)

I agree too, Dave, that our main (only) problem is OTC:BB

Kr
Jens