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Microcap & Penny Stocks : OILEX (OLEX)

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To: Nanlin Chiang who wrote (630)12/18/1996 8:15:00 AM
From: Eric Maggard   of 4276
 
Hi Nanlin,

Yes, the new PR firm did a report on the company, but it was compiled by information from the company, so it is pretty much like a summary of the past 5 months press releases. Call Tom Goolsby at (212) 867-6160 and he will send a fax of it to you. You could get on a list to be sent faxes whenever a pr is released. He said that an independant group is researching OLEX and the report should be done sometime in January. But, give him a call and get the report. BTW, he does not know much more than what is in the report, so as for information he is not a good source at this point in time.

Have a good day,
Eric

P.S. As for the stock heading north as such small volume, we don't know of any solid reason, that is why no one is talking about it. It has been rumored that good news will be released shortly, so maybe some people are buying before that and the MM's know about it. ;-)
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