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Microcap & Penny Stocks : PACIFIC MEDICAL GROUP (OTC BB:PMGI) -- Ignore unavailable to you. Want to Upgrade?

To: DR. who wrote (197)	4/7/1999 5:14:00 PM
From: WHITEAGLE	Read Replies (2) \| Respond to of 421

Well said DR. ... You can lead a horse to water but you can't make him drink. My whole investment community is punched deep into this one with Block Buys starting at a very nice entry point. Problem: 1) MM shorts are badly down. (They have not shaken out enough to cover, not even close) 2) Blocks are hammering them. 3) Canadian shorts are due by Friday. They have a 10 day lag time, whereas American lag is 3 days. Solution: "Buy on the outskirts and wait" Quote by Rockefeller in answer to how to get and stay rich. George

To: DR. who wrote (197)	4/7/1999 6:44:00 PM
From: Highlander	Respond to of 421

Hi Doc: The reason I sold PMGI was due to the lack of volume. Period... As a momentum player, you can't just sit and wait for the buyers to show up. Remember, this equity is a BB stock, not GE or AOL (these 2 stocks I'll be happy to buy and hold). With BB stocks...it don't work that way. If I played BB stocks the same way as "regular" stocks, I would come out the loser. I know this for a fact since I use to be someone who truly believed in giving the company a chance to prove themselves. Nowadays, unless I see some "real" potential, the company is just another symbol/number to me. At the minimum, you'll tie up your money for who knows how long and hope that something magical happens and that the buyers return. Hey...I hope I'm wrong with PMGI and that you longs can have the last laugh. I still hold a small position (10,000 shares), but I've got thousands of other stocks out there that I can buy with this cash. My Number One Rule...You'll Never Go Broke By Taking a Profit!!! There Can Be Only One!!!