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Technology Stocks : Xenolix Technologies (XTCI) 'Ecstasy'(Formerly MGAU)
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To: Richard Mazzarella who wrote (1770)5/28/1998 8:19:00 AM
From: Richard Mazzarella  Read Replies (1) of 5143
 
A little piece of good news, the company extended the warrants that would have expired 06/01/98 to 06/01/99. What's nice is that the warrants remain at $2.00. By not decreasing the price, that says to me that management expects higher stock prices within the year. Notice that Maxam showed a lot less confidence for their stock price by suspending their warrants.
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