To: Maurice Siu who wrote (11 ) 1/7/1999 10:00:00 PM From: Jim O'Connell Respond to of 342
I recieved this in a Email today Samsys SMY.M $0.54 Chart bullish, IOL guest appearance Saturday EGS featured SMY last April at $0.65. Since then it continued to form a large consolidation, bottoming in October and November around $0.30. Since then it has moved up past the 50 and 200 day moving averages of $0.42 and $0.46 for some time, and now faces resistance at $0.60, the terminous of three rally attempts so far. It looks like another attempt is about to get underway. One mutual fund was ignoring the improving fundamentals behind the scenes at SMY was the source of selling that created the lows. Selling has abated, and the two other funds are steadfastly holding. Tune in this Saturday - SMY on IOL This week, they are featured in current edition of Investor's Digest. Saturday, I hear they (Cliff) will be appearing on Investor's Online, the popular CTV Saturday morning one hour business and market show with CBC's Pat Bolland, Economist Andrew Pyle, and business writer Bob Beaty (and "diamondlou") in the chatroom. This should be very interesting and I suggest anyone holding or watching this one should tune in this Saturday (10:00 a.m. PST) for the interview with Pat Bolland. I understand a film crew may visit so we might see a demo of the product, who knows. Be sure to come early to load the chatroom software, and join in the live chat! This is the only business show I know of that regularly has guest appearances from numerous hot small cap companies we like to follow. That web site is www.ioltv.com Stick around for the post show stock discussion after the show. To comment before or after any show, go to www.sympatico.exchange.ca , the Exchange Forum moderated by Beaty. U.S. investor with no access to the TV show? Come along, there's a video (or audio only feed for 28.8 modems) at the Internet site. I also understand another Investors Digest article will be in the following edition. Out of respect for the author I will not comment but to say this writer has had numerous home runs like this in the past. Besides this, work behind the scenes is going very well and we should expect some positive news from the company in the near future. Between the bullish chart formation, the media coverage, and the behind the scenes progress, I believe SMY is ready to break-out and rally past $0.60. As always EGS strategy is to sell half on a spike in price, and hold the balance in the event the stock does not pull back. My long term target is more like $2.00.