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Gold/Mining/Energy : Naxos Resources (NAXOF)
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To: Jerry in Omaha who wrote (7894)1/9/1998 8:05:00 AM
From: Jerry in Omaha  Read Replies (1) of 20681
 
To All;

In a previous posting I wrote;

"Mr. Meetmer, you posted; 'I am going to go out on a limb and predict that
on the basis of the press release today we should see an immediate pop in
the share price hopefully by as much as a buck.'

"If we are still following the Naxos Standard we should see a drop not a
pop in our price following a positive news release. Here's hoping you're
right and the standard has changed."

While watching the price drop yesterday I noticed that the standard has
not changed: Naxos issues positive news release - Stock price drops.

I'd like to hear the expositors of the rationality of the market use economic
theory to explain this persistant Naxos standard.

Jerard P
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