January saw the largest influx in mutual funds in four years.
Those on the sidelines are finally getting into the game.
They're approximately 11 months late.

"The January inflows for stock funds were the third largest on
record, surpassed only by the $55.6 billion the funds gathered
in February 2000 and $44.5 billion in January 2000."
http://www.moneymag.com/2004/02/27/funds/fund_flows.reut/

The masses always get it wrong. Look at the record,
February 2000, one month later was the top of all tops.

Yours truly is taking some money off the table.
I sold TFAI last week at .94 and .95
and DLGI at .94 Friday when it spiked.

Old adage - professionals control the close; amateurs
control the open. In other words, if you're a buyer, buy
at the close; if you're a seller sell at the open.
DLGI reached its high of the day Friday at ~ 10:15 AM (EST).
The low of the day was 4PM.

TKCRF reported 2003 Fourth Quarter results. They have $7.9
million in cash and securities and $2.2 million in receivables of
which $805k was paid in February 2004.
http://biz.yahoo.com/bw/040223/235599_1.html

Their current market cap is ~ $9 million, roughly the same as cash.
Any accumulation under .40 is pretty safe. The down side is
it could take awhile for a deal to be put together.

I'm still watching KTEL. We're now sitting on a 100% gain.
Friday's volume was encouraging. For now its a hold.

I'm away next week.
Next issue will be 3/14/04.

I'll keep you posted.

GP@Pennyheaven.com

>>>>>>>>>> DISCLAIMER, PLEASE READ <<<<<<<<<<
Please be advised that nothing within this email shall constitute
a solicitation or an offer to buy or sell any security mentioned
herein. Pennyheaven.com is neither a registered investment
advisor nor affiliated with any broker or dealer. All statements
made are our express opinion only and should be treated as
such. We do not accept any paid promotion. Please do your
own DD and trade only what is right for you.

To Unsubscribe: Reply with Unsubscribe in subject heading
To Subscribe: Reply with Subscribe in subject heading to:
GP@Pennyheaven.com