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Gold/Mining/Energy : Global Santa Fe (GSF) (formerly Global Marine) -- Ignore unavailable to you. Want to Upgrade?

To: Robert Douglas who wrote (1185)	2/11/1999 1:28:00 PM
From: gizelle otero	Read Replies (1) \| Respond to of 2282

Merrill Lynch is now out of their large position in Global Marine. That's good. They were the last "penguin" to jump into the ocean. All the others are already in the water. Where were they at $24.00/share last Summer? The market makers are now "shaking the tree" to see how many nuts will fall out on the ground. They found a few this morning who were willing to take $7.875 for a low P/E stock with great potential. Short-term, the "nuts" may be right, but my money is on the "tree shakers" for the long-term. Have patience, forget about the day-to-day "zigs and zags", and focus on the long run. If a marathon runner stopped for every pebble in the road, he would never finish the race. If 52-week lows were always confirmed by lower lows, all stocks would be at zero. The most money is historically made by those who take the greatest risk - - those who buy at the bottom.