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Microcap & Penny Stocks : Jax International (JAXI)
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To: stockid who wrote (1153)9/4/1997 3:38:00 PM
From: John D. Morrison   of 2430
 
I know they are building houses. I've been to Tulsa and seen
the houses. I have checked them out as much as they can
be. But you see, in order for JAXI or any other company to
attract larger numbers of mainstream investors, they have
to do something to distinguish themselves from all the other
OTC-BB stocks.

Let me put it another way. I've learned from my experiences
with JAXI and ADLP not to buy any more stock in companies
that I can't bring up all the financials on with WSRN or any
of the other stock research sites. Not because there aren't
good opportunities with BB stocks. Just because I don't have
the know-how to be able to separate the scams from the
bona fide companies. Nor do I have the know-how to be
able to deal with the shorts and other manipulators.

What I do know is that of the four stocks I own, 2 are
OTC, one is NASDAQ, and one is NYSE. Guess which
two have already doubled in value since I first got into
this investing game in April? It sure ain't the OTC stocks !

I'm not saying JAXI isn't a good company. I'm saying
that their price won't go up till the demand goes up. And the
best way to make the demand go up is to step up and say
"here's our stuff." by fully disclosing. Once the mainstream
investor can see JAXI's financials and the fact they've commited
themselves by registering with SEC, he (or she) will be much
more likely to invest.

John Morrison
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