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Non-Tech : LUXOR INDUSTRIAL CORP. -- Worth checking out !
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To: xray who wrote (82)6/16/1998 4:35:00 PM
From: Imal   of 178
 
I'm not sure that it's my desire to speculate on sales and earnings expectations. I think those questions are best left to be addressed by those who handle the information, more specifically the company itself. One thing I am convinced of is that they will handily beat last year's figures.

I wouldn't necessarily jump to the conclusion that the stock is NOT being supported at around these levels. I am led to believe that the bulk of it is tightly held by insiders in addition to several wealthy individuals so that the float in real terms is very, very narrow. Selling here does not present a problem. Buying back any quantity before the next run-up could present more of a challenge.

Thanks for your interest.
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