S A ADVISORY

November - December 1997 Newsletter

MARKET COMMENT
SUPER FAST PHONE SERVICE, 888# SERVICE & E-MAIL SERVICE
GLOBAL SPILL MANAGEMENT (NASDAQ BB - GEGI Current price .81)
NEW BUY RECOMMENDATION - LYNTON GROUP (PINK SHEETS - CURRENT PRICE $.75
NEW BUY RECOMMENDATION - Bonzo Electronics International Warrants 99 (NASDAQ NMS - BONSWF CURRENT PRICE $1.75)
ASIAN FLU PORTFOLIO
Summer Portfolio 1997 #1 and #2
S.A. Advisory's undervalued Hotline and E-mail Portfolio
PHONE SERVICE


Market Comment

The blood runs red and we love every minute of it. Whether you like it or not, the markets are going to head higher and last week's "flu" symptoms will lead to a market recovery and the bullish vigor will return, especially in the heavily beaten down technology sector. We have not been this aggressive in years and we are shoveling HIGH quality technology into our accounts.

The herd is always wrong and when emotions get involved, the panic sets in. It looks scary, but in reality the real risk is just to sit on the sideline and wait for the calm. We like at current levels, AMAT, EGLS, APM, SUNW, CY, RDRT, SGI, SPCT, TQNT and one closed-end mutual fund, namely Templeton Dragon Fund (TDF) - see recommendation within.

PS: Starting to just look at Russia again. It has dropped over 25%. We are watching Gazprom, LUKOY and TRF (remember, we blew this out at almost $62.00. It now trades at $39).

Happy investing, William Velmer

Super Fast Phone Service, 888# Service & E-mail Service

During September 24th, October 6th, October 14th and October 30th, we notified investors in various ways about investment opportunities.

The SUPER FAST PHONE is, of course, the best, because we call you.

The 888# is a complete spin on recent recommendations.

The E-mail is for on-line investors. It is free for now, just as is our site : www.saadvisory.com; and check the free update bar and leave your e-mail address. We will inform you about new investment opportunities!

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