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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: mark silvers who wrote (5623)11/16/1997 11:47:00 PM
From: GlobalMarine   of 20681
 
Hi Mike:

Thanks a lot, I'm very glad to be on board the Naxos train. In response to your post, I agree TOTALLY with you. You've summed up the situation perfectly. I'm diversified across almost all of the desert dirts so I'm far more impartial than most people about comparing the relative merits and performance of each company, and your comparison of Naxos vs. IPM is right on mark.

Jay's views of Naxos seem more personal than professional, and that's not how you evaluate the investment potential of a company. If it's true what they say about technical analysis - that the stock price tells you everything that Wall Street knows and thinks about the company - then Naxos has apparently found an economic recovery process and IPM has apparently yet to find one.

Regards,

Rand
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