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Microcap & Penny Stocks : NAMX -- North American Expl.-- Que Sera Sera!
NAMX 0.00010000.0%Mar 7 3:00 PM EST

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To: Sidney Reilly who wrote (233)7/23/1997 10:13:00 AM
From: alchemy   of 4736
 
Hello Bob:
I am very skeptical about volume in a stock that is selling for a dime. I would bet that 80 to 90% of the volume belongs to the marketmakers churning this stock to attract attention.
Considering all the questions that have to be answered regarding this company, I just can't imagine that there are that many buyers out there.
There is a possibility that some people are positioning themselves for a short squeeze, but whether that happens or not due to the share exchange is debatable.
I am still holding until we get a new board and real information. I am hoping that we get that information some time over the next two months.

To the other Bob:
Wow, the Y2K website opened my eyes. If you believe half of what he says and discount that by 25%, we are still in deep doggydoodoo. No wonder the Mad one abandoned us for Y2K. It looks like a perfect plotline for a Tom Clancy novel where the Geeks take over the world.

marty
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