To: Chuck Rubin who wrote (2789 ) 11/13/1998 8:41:00 PM From: CLK Read Replies (1) | Respond to
To all who are interested, the news release is very good news flat out. But everyone knows that one must "buy on mystery, sell on history" and so those who bought at .25 could have gotten another lovely double selling at .50 and should have. Now we probably will get another change as tax loss selling could bring the price all the way back down to .25 or so. BUT that has only to do with the fact that one should buy low and sell high and in order to do that one must look at the range in which the stock trades. So I feel like another, and the best yet, opportunity to buy may occur before the end of December. Of course, one might ask many questions and, as Harwood points out, one can find real faults such as the mistake of issuing so much cheap paper. Nonetheless what is REALLY going on here is a METAMOPHOSIS. The company is being transformed by what everyone on this thread calls pump and dump to a real company with real prospects and that is very very good news long term. AEC is a serious player and this, imho, confirms REAL potential. However, the lack of follow through on the stock also tells you there is a LONG way to go before real money will pursue this. Perhaps that is karmic punishment for all this cheap paper. At some point that must stop or the dilution will be so great it will not matter how great the potential is. I believe it will stop, and I base this on the HOPE that the deal includes some kind of cash payment to EAS from AEC hopefully on a yearly basis. I would have insisted on that in order to stop the paper press. If they did not achieve this, then the possibility of a pyrrhic victory remains. Still I am more optimistic about the LONG TERM prospects at this point than I have ever been and if it reaches .25, I will seriously consider buying some shares again. All in all, I think within a couple of years, this company should have proven assets of size, income and good prospects IF the right decisions are made.
