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Non-Tech : LUXOR INDUSTRIAL CORP. -- Worth checking out !
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To: Andrew who wrote (1)4/23/1997 10:56:00 PM
From: Rick Boardman   of 178
 
Andrew,
Thanks for making the first posting to this thread. I have about ten years investing experience but am new to Silicon Investor and posting protocals. I was attempting to make anyone interested familiar with how easy it is to get up-to-date information on the company through its investor relations dept. and its website. I am happy to share some particulars with you:
Luxor has a comprehensive patent on a bridging system for construction of floors in residential and commercial buildings. This system called the IBS 2000 not only produces a superior result but saves the builder money in materials cost. I am no expert in construction techniques but I have shown the video the company sent me to friends in the building trades and they were very impressed. The product's sales are picking up steam in Canada and should do well in the US once distributors are set up. The company has 20 million authorized shares and has issued about 12.5 million with an estimated float of 7.5 million shares. Today the stock closed at $1.08 US ($1.50 Canadian). I think it is a steal for anyone who studies the material the company sends you and realizes that reports of new distributors and increased earnings will give this stock a substantial boost.
Let me know if you have other questions.
Rick
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