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To: still learning who wrote (45207)	5/21/1999 11:53:00 AM
From: SliderOnTheBlack	Read Replies (3) \| Respond to of 95453

MEXP - PGEI here... hmmmmm ? I would have a 1/3rd position ''here''' if you are making a fresh entry into either one. I am not adding ''here'' I would at $2 & under on MEXP and at near $2 on PGEI. Both have good upside here - the daytraders are out and volume is back to normal. PGEI's annual meeting is coming up - look for movement off of that and add more on positive news. MEXP may spike $2 - over $4 on just the news of refinancing the Bank of Montreal Loan - so you could miss a big move; but sub $4 off of this news would still be a buy. I'd wait for a retracement off of the initial spike MEXP will get (I didn't say ''might'' here by the way - ''will get'') and try to buy when the usual retracment off of profit taking hits. Both are value plays with longterm assets to develop and look to be 4-5 baggers over say 24 months to me... and moderate risk. Most people do not understand MEXP's financial situation and the virtual guaranteed floor that the Miller family puts under MEXP. No hype - just low volume, micro caps that are not owned by institutions in any great degree here, given the selloff under $5... buy 'em & throw them in the drawer and check back next year. They were tremendous ''trading'' opps when the volatility occurred - now they are back to what they really are anyway; - longterm value plays. good luck - gone for the day.... (watch FLC hit $12 - maybe I ought to set a limit sell at $12 <VBG>)....