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Non-Tech : Tirex Corporation (TXMC)
TXMC 0.00001000-90.0%Mar 7 3:00 PM EST
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To: Fli-by who wrote (321)3/3/2000 3:14:00 PM
From: SAM-DAN  Read Replies (1) of 1878
 
To get back to what this thread SHOULD be talking about--

We are not surprised at today's consolidation.A good buying opportunity,
We have checked with our sources reTXMC and have the following comments.
First, their latest news release,while spectacular in the confirmation that their
system is working as specified,is couched in very conservative terms.Read
between the lines and it confirms our source's contention that adjustment to
be made in the next few weeks will increase the thru-put and quality of the final
product beyond even their most optimistic expectations.
They are eagerly awaiting the visit of the Chinese engineers to confirm their
acceptance of the plants as per their agreements.
They have been inundated by inquiries from interested companies throughout North
America and throughout the world.Press coverage and institutional inquiries will result in a number of press conferences and public tours will be set up in the near future.
The last tranche of Government funding should be received any day.But more important
we have learnt that they have obtained a commitment of 5 million dollars from a financial institution to fund on- going projects and increased sales staff to accelerate the sale of both Plants and production from the existing plant.
In our opinion,this Company has the potential to have greatly increased revenue flows which will be reflected in an ever increasing earnings per share which will give us the fundamentals to justify a much higher stock price.
The large amount of outstanding shares is a deterrent to huge gains but our sources say institutional buying is sopping up a lot of the float and we could see more significant moves as announcements of more contracts materialize.
Do your own due dil.Don't be in a hurry to take profits as this one will surprise you on the upside.Almost no downside worry.But we can never predict the market.Just take your position and hold ,is our motto.
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