To: reg who wrote (502 ) 10/12/1998 10:15:00 AM From: Andy Respond to of 671
Let's see Reg, you have left out a lot haven't you? Laurel recommended ERHC at $0.82 and within 2 months it hit $5.60 - a 582% return. She recommended BII at $0.90 and it hit $5 a few months later - a 455% return. SHO was recommended at $0.48 and it traded at $3.90 last fall - a 712% return. NER was recommended at $1.40 and it hit $7.60 before the bear began - a 442% return. GNC was recommended at $27 and hit $52 - 92% return, MDI introduced at $6 hit $36 - for 500%, ATF recommended at $0.70 hit $3.15 - 350% return, even INAT was close to a double at one time - and many many more. I cannot remember one of her features that did not rise way above market averages. Laurels advice to readers is very clear. These are high risk companies, we are supposed to buy when prices are low and at the very least take enough gains when the stock goes up to protect our capital. If you got greedy Reg then maybe you better start badmouthing yourself. I don't think you have read your byte$ very well. When she thought management was falling down she gave it to them loud and clear. She always lays out the bad with the good you, can't read maybe? Her information on companies is the most complete I have ever seen but she can't control what you do with it. <NER/SHO/ERHC have consistently missed production target's> Didn't Laurel tell us this industry is notorious for missing targets (not a quote but she said something like that & she doesn't like projections and always says to wait for announcements)? The big guys miss targets all the time, even worse for start up companies, especially in the first few years it is a speculation. As for terrible managers I don't think so. Again you are slanting everything. This is a really bad bear market and all the prices are down but how many companies the size of ERHC have contracts with Mobil and Schlumberger? Bad management to do a deal like that in Africa? I don't think so - and Mobil seems to agree with Laurel. In yesterday's byte$ she quotes the Vice President of Worldwide Exploration for Mobil Oil Corporation saying "The SaoTome and Principe acreage is a great strategic and operational fit for Mobil's portfolio. We see this as an excellent exploration opportunity in a region we know well." NER just bought Unocal's Michican properties and Unocal TOOK SHARES OF NER as part of the deal - UNOCAL Reg do you know how big they are? They seem to vote with Laurel too! Bad management at BII? Well AOL, Torstar and Rogers and Microsoft say otherwise. Revenues from under $ two million to about $ 15 million in nine months and counting -give me more of that bad management. IF Roland is so bad why is SHO one of the best financed juniors out there in a very bad market? Did he lose any of his good projects? I don't think so. Wait until he announces drilling results. Laurel is not a trader, she says good small caps take 3-6 years. Her stocks may be cheap like everyone else's right now but most are getting better and better. Look in the mirror Reg and try to figure out what YOU did wrong and stop blaming everyone else and posting your slanted info on SI.