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Microcap & Penny Stocks : CINEMASTAR LUXURY THEATERS (LUXY)
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To: Candle stick who wrote ()4/15/1997 3:29:00 PM
From: Phil Chapman   of 85
 
Thanks for starting this thread.

I've been looking for a company outside of biopharms and techs that I could follow with interest. What a great site they offer with all kinds of peripheral info for movie-goers AND investors. "LUXY" just seems to describe this outfit. I wish they were building theaters in my neck of the woods. But what's with the stock price? How could such a clearly spelled out value be ignored like that? It's not like drugs or high-tech. where everything is so complicated and iffy...this is a very understandable product. At least I think I understand it. People go to the movies (in ever increasing numbers), right? It appears that Cinema Star provides the best theaters in the business right down to a choice between real butter and cholesterol-free stuff on the popcorn. The rate they're turning out these super 'plexes' is kind of scary (as in you wonder if they aren't getting a little ahead of themselves) but 'the numbers' look good so long as they keep filling seats. With their understanding of the movie-goers psychology it's hard to imagine they won't. I look at the chart and can't believe it's so low. Then I look at all the information (which they make so easy to find) and I wonder if it's not some kind of trap for the unwarry. The only non-paranoid explanation I come up with is that since it hasn't definitely hit bottom yet, the smart money's ready to jump in on the first few up-ticks. I would think a stock like this would ordinarily be a slow and steady gainer except for the first few days of its turnaround. I'd like to be in on that (if I read it right), soooo.. I'm hoping LUXY catches the eye of our SI buddies first and then the MMs. I should have shown some initiative and found out how much those movie screens cost (as you asked) but I'll bet the "ask Ernie" guy on the LUXY (or was it a related site?) would know.
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