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Microcap & Penny Stocks : NAMX -- North American Expl.-- Que Sera Sera!
NAMX 0.00010000.0%Nov 28 9:30 AM EST

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To: bob who wrote (2818)3/2/1998 6:04:00 PM
From: Cug  Read Replies (2) of 4736
 
A big part of the runup, (which was post-split), IMO,was based upon
the potential ability of the MatriDigm Y2K remedial process to outperform the competition, and to provide the most expeditious means for conquering the perceived multi-billion dollar millenium bug problem. As more and more time passed without apparent concrete results, serious doubts began to arise as to whether or not the process really worked as quickly and accurately as claimed. The runup happened because the story was exciting and triggered the imagination, exactly the way that the NAMX story does.
If ZITL/MD had delivered the goods back then, there is little doubt in my mind that the company would be a raging success today, with a share price to match. It seems that they have still not delivered the goods, but the continuing possibility that they might keeps the stock from tanking further.If the NAMX news releases are even
substantially, if not entirely true, then this company has already surpassed ZITL/MD, IMO, in terms of proving that its process can achieve what it is supposed to in dealing with what is also a multi-billion dollar activity - namely oil and gas exploration. As Dr. Stamm has stated: "We expect our technology will revolutionize oil and gas exploration in the same way the CAT-Scan revolutionized medical diagnostics."
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