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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: KRosenfeld who wrote (4074)	9/17/1997 8:54:00 AM
From: mark silvers	of 20681

KR Electronic trading is important, but I think it takes a major back seat to the next news release. I wouldn't be surprised if management is not even thinking about where and how we are trading at the moment. The reason I say this is becuase if the numbers are good enough and they are consistentenough, electronic trading is a forgone conclusion. If we trade electronically now, and the numbers come back in a less than impressive fashion, all we will see is very quick reporting of the end of our dreams.However, I don't think there is any way that poor numbers come out. There is too much of a history of decent to great numbers behind us at this point. Mark

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