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Biotech / Medical : A Luxury Resort for the ill -- Medical Resorts Intl.TRAC -- Ignore unavailable to you. Want to Upgrade?

To: William Whitehead Jr. who wrote (850)	10/27/1998 7:54:00 PM
From: jocko	Read Replies (1) \| Respond to of 1126

Hi Whitey.....A little something from the Guru: I missed any US trades at .05. Did that really happen? Very strange. What was the size? Yes you can buy on one exchange and sell on another of an interlisted stock. The quiet 30 day period before BB listing is supposed to soon be over. Everyone's patience is wearing thin, but that is supposed to be the next catalyst to drive volume and hopefully price. I talked to Mr. Talbot yesterday and he just got back from Anguilla and says the audited statements are being prepared. This is needed to go with this bb listing application. As far as I know MRINF has met the requirements for a bb listing so far in terms of current bid/ask and volume etc. I believe Meyerson as sponsoring agent has something to do with the actual application, although they have told me that it is the company that actually files it. When submitted and approved for bb trading, then other market makers are supposed to jump on board and the US promotion begins. That's how I understand it. Then hopefully we should start hearing about the new clinics, chelation etc. with US buying expected. I'm not impressed so far but not surprised either. I have only won with patience as events with any play never seem to unfold exactly as expected. You have to be in and wait for it to happen. I remember FDCD this time last year, which I owned for 8 months between .18 and .32, back and forth many times. I bought in August because of things that were supposed to happen in Sept., Oct. and Nov. They didn't happen for months later and every time it fell back to .18 I questioned what was going and whether I should hold on. I know of guys who bought and dumped large positions on the same thought process. Anyway FDCD now SGMS did finally complete their online gambling site and the stock broke out over a one week period from the low .20's to a high of .90's. Now SGMS is a dime and they haven't released sales, earnings, traffic etc. I still watch it but have resolved not to get back in until this known because the play cycle has changed from a new concept to proving they can run a business. MDRE has sales, profits and expansion plans as we know. The concept has not been accepted from an investment point yet. So far all we have seen are short term impatient traders and market makers flipping the stock for pennies. It would only take a few US brokers or one big hitter to like the story enough to take a meaningful position to shake these guys out. With the result being a drying up of the trading resistence from these flippers. Then MRINF could move up and stay up on news, and more would particpate as a buy and hold. The flippers would be there on the volume, but they would ultimately miss the run. Nobody is smart enough to time it perfectly. Hopefully it will happen and if so I will be in. That's the way I see MDRE, if I try and time it, with my luck, at the time I'm out that's when it will run. So I have to be in and when it runs I will add more if I can catch it soon enough.