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Gold/Mining/Energy : Naxos Resources (NAXOF)
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To: jlallen who wrote (17516)1/25/1999 5:18:00 PM
From: Neal davidson   of 20681
 
It seems as if the Company has put a halt to hyping. That certainly does not mean that shareholders, posters on this thread or other individuals will not hype.

Do I think the stock will go up on hype versus substance? I am not sure. I think that the chance of true substantive success at FL is slim to none. I think, therefore, that sustained appreciation in the stock price as a result of any true substantive success at FL is slim to none. As far as the stock going up on hype, I think that is a good possibility. It might not be hype from the company, merely hype amongst investors touting the latest release. Maybe that is not called hype. We can call it irrational exuberance.

The only reason it matters whether the stock is going up on hype or substance is that a rise due to hype...ooops...irrational exuberance, is an opportunity to sell, whereas real, substantive news could be a reason to buy (or at least hold).

Put me in the skeptic/cynic category.
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