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Microcap & Penny Stocks : OILEX (OLEX)

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To: OFW who wrote (3079)	3/26/1998 4:57:00 PM
From: John Sahakian	Read Replies (1) of 4276

OFW, no they didn't talk about those properties. Only the ones in Texas and Australia. Also, the CEO was the only guest - an older gentleman (55-65), intelligent and coherent. He gave a decent presentation. Marty, I agree with you in part. We should be careful considering it's a paid spot. However, there are different segments. I don't know his name, but there is one guy who pays the station and has his own newsletter-advertising segment and he brings in his own guests (basically sublets his airtime). He is the worst. For example he hyped PLFM (another BB) that was selling for .15, claiming it would be $10.00 by January 1998. Don't even bother to check the chart as you already know the answer. For the CAYC spot however, it was one of KWHY's regular anchors. The questions were very general and somewhat bland. The whole purpose of the spot was to give airtime to the guest. IMHO, there was no hyping at all. Just some exposure. Refreshing approach compared to some of the other crap I see on the station. Good Luck

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