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Gold/Mining/Energy : Microforum (MCF:TSE) -- Ignore unavailable to you. Want to Upgrade?

To: Rocket Red who wrote (447)	1/20/1999 7:06:00 AM
From: The Osprey	Read Replies (2) \| Respond to of 3896

red, I agree with the pullback but this AM at market open we should see it gap with new buying as a result of the coverage whether it is a done deal or not and there will be profit taking and the stock will settle back.I do not think the 1.50 level but a little higher at the 1.75 to 1.80 level.The news was only a letter of intent.A real deal would have been more effective as far as moving the price up into the 3.00's.I like you am waiting for retracement below 2.00 for an entry.A plus for this stock will be an up day on the other internet stocks on the Nasdaq. Good Luck all. Osprey