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

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To: Double E who wrote (80)6/16/1998 1:50:00 PM
From: Imal  Read Replies (2) of 178
 
Shameless, brazen, brash, impudent.

Webster's is replete with synonyms describing the accumulation tactics that these people are putting loyal shareholders through. It appears that they will stop at nothing to encourage you folks to part with your stock at these unrealistic prices.

First, those recent news releases. Although the news in itself is very substantial (and follow-up conversations with involved parties have confirmed this) it is first boiled down and rendered tasteless and colorless before being served up to investors. Shame!

This appears meant to induce a lack of buying interest which is then combined with unreasonably small market-maker bids and unreal bid-ask spreads. Scary. At that point, it doesn't take too much to "shake the tree" while claiming to be totally surprised as to why people would want to sell when the company is just now on the threshold of major success?!? Again, shame!

Luxor's product has been met with a level of success which has caught even the company totally off-guard. Final BOCA approval combined with Pecora's engineering certification instantly opens the doors to important building markets (where Luxor is already present) without any further red tape. Pecora is a widely respected firm in the Maryland area for 15 years which counts large companies and the government among their clients. Lowe's has already run out of inventory once, and Basset Building Co. is concerned about being able to satisfy demand this year without expanding its IBS assembly operation. And don't forget those major I-joist manufacturers which have embraced the use of the IBS with their own product. All this and much, much more is yet to be made officially known by Luxor. We ain't seen nothing, and I do mean NOTHING, yet.

Again, I strongly recommend that LRL be BOUGHT at present levels.

IMAL


***IMPORTANT DISCLAIMER***
Do not base investment decisions solely on what you read on the internet, especially from anonymous sources, such as myself. These posts are not meant as a substitute for doing one's own dd. IMAL
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