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Microcap & Penny Stocks : CINEMASTAR LUXURY THEATERS (LUXY)

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To: Phil Chapman who wrote (2)4/21/1997 2:16:00 PM
From: Candle stick   of 85
 
Can anyone shed any light on WHY LUXY has declined to 1/2 dollar? At this point they are giving away the company, literally.....they have twice as many theaters open and generating cash now, than when it was selling at 10$ (20 times todays value). I am getting ready to commit some serious cash to this company but first I need to know, what gives?Is LUXY on the verge of bankruptcy? I cant seem to find any other reason......anyone?
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