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Microcap & Penny Stocks : CAGI--A Sleeper Waiting to Wake Up!!!! -- Ignore unavailable to you. Want to Upgrade?

To: christopher who wrote (794)	3/2/1999 9:04:00 PM
From: HARRY BROWN	Respond to of 1020

IMO,today's selloff... For what it is worth, I view today's selloff as simple "backing and filling". As it approached the old highs, it was natural for those investors who thought they missed the last "run" to take profits. And as the selling escalates, they remember what happened the last time and how low the stock went...it feeds on itself. I do NOT see the stock going back to the $4.25 level, nor do I see it going back to the $5.00 level. There are a lot of new investors in this stock with high cost basis. Hopefully, they did not buy the stock "on the come" and can see the long term potential for CAGI. Even if you are a short term investor, the long term outlook will push it well over $10/share this year. Good investing to all.