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Microcap & Penny Stocks : DGIV-A-HOLICS...FAMILY CHIT CHAT ONLY!! -- Ignore unavailable to you. Want to Upgrade?

To: canon ball who wrote (21813)	8/15/1998 3:31:00 PM
From: The Street	Read Replies (1) \| Respond to of 50264

Do not follow MTEI much. Feel for the folks who lost money. I do think all sides are scamming though.

To: canon ball who wrote (21813)	8/15/1998 4:19:00 PM
From: Brooke Geiger	Read Replies (1) \| Respond to of 50264

To everyone... Now Dom has entered my house.... Dom...I'm going to try and explain this to you in a way that hopefully you'll understand. I'm going to write this out and spend my time so you'll see the light. Everyone here knows that I'm not a basher or a hypster...just a 22 year old girl that works for Coke. MTEI is dead, period. The trading activity you saw yesterday was not some MM's accumulating shares for a run up...it was MM's covering their short positions from earlier sales. Have you ever seen the movie "Trading Places"? In that movie, Ackroyd and Murphy go in to the trading pit and sell off contracts on Orange Juice at very high prices. Investors were expecting a shortage of oranges in the crop report so they were willing to pay the high price. When the report came out, it said that the harvest would be normal....supply would be greater than expected. Therefore the price dropped. Ackroyd and Murphy then bought at the lower price and made a killing. This is what wer'e seeing at MTEI. Over the past 2 months, the MM's have been shorting the stock at levels in the .40 to .80 range. They needed to buy the shares back at some time and yesterday was the opportunity (they bought at .01 to .10 and made a killing). Either way they win....the buying does not indicate a recovery for the stock. People on the MTEI have been trying to tell you this for the past 30 hours but you have been blind to the truth. I feel bad for all...hell..I lost $6000 myself....but face the facts, its over. They aren't bashers, they're trying to tell the truth..... Brooke