STAX -----> Stelax Industries - A real gem. Message Board

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Microcap & Penny Stocks : STAX -----> Stelax Industries - A real gem.

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To: Jim Drewitz who wrote (522)	2/19/1998 1:04:00 PM
From: Scott Munson	Read Replies (2) of 1112

So basically now we have confirmed what we knew all along - there is no money in solid stainless as it is a commodity. Now they have decided to focus on NOUVINOX. Should have just financed the whole thing to begin with and skipped this silly "solid" phase. All that has been accomplished is to delay the production and marketing of the product that the company exists to produce. These lackluster results and management decisions have lead to a wonderful price history. "Ready to blast out of the blocks" is hardly how I would describe this company after being with it for two or three years. I guess I shall continue to sit on my pile of not-so-valuable stock for now and await a miracle.

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