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Non-Tech : LUXOR INDUSTRIAL CORP. -- Worth checking out !

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To: Rick Boardman who wrote (21)4/1/1998 1:21:00 AM
From: Imal   of 178
 
Rick:
Good to see that you have learned how to link a news release to this message board. I'll be expecting even greater things from you next time, so watch out!
This deal is ready to go. I've been talking to Bill Ghormley, the new "management consultant" and this guy is wired! I won't even begin to tell you what he's got in mind for this company. Beside putting his own money in the deal, he quit his banking job to work full-time for LRL. In the meantime the stock is up 80% this year and I hear nothing but positive opinions about LRL's prospects now. What a change from a few months ago! Bill, hats off to you!
According to Budd Iwaschuck, the stock is currently meeting some resistance by a large European investor at 1 dollar US (CAD 1.45). They have tried everything to encourage him to stay but he is determined to sell his stake. With Luxor's past performance record, I can understand his attitude. And speaking to Budd, so can he. However, no-one seems to be a bit worried about it, and I think that this small stumbling block will soon be kicked out of the way.
There's lots more news to come I hear, and I sure am ready for it!

IMAL
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