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Gold/Mining/Energy : Markatech - MKD (VSE) -- Ignore unavailable to you. Want to Upgrade?


To: Luisa G. who wrote (315)10/27/1998 11:05:00 PM
From: Ted Kosokowsky  Read Replies (1) | Respond to of 416
 
The delay in building lease and lack of news explains this current weakness. The heartening thing is that no one is selling at less than .11, and even then only 10,000 shares. The few 2,000 at .08 isn't too much of a concern. Good buy though.

I talked to Doug today. They are in the process of finalizing the building lease, as they couldn't hold out much longer. The key to them right now is keeping expenses down, and they kept searching for a better deal. Doug wouldn't say, but I hear the building is on Powell street, not far from downtown. Rahim you are right, they can't move in that quickly. The equipment delivery could be delayed for a week to give them time to get some things ready.

If the lease is finalized, Doug hinted that there could be a news release this week. In any case, they will start to promote very soon. Doug doesn't want the share price to stay this low either, but he also doesn't want an unsustained move. When it is time, it is time.

Keep hanging in Luisa. The first move will be soon.

Ted