NuOasis (NUOA) formerly NONA Message Board

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Microcap & Penny Stocks : NuOasis (NUOA) formerly NONA

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To: jmt who wrote (659)	10/29/1998 11:50:00 AM
From: Ken Sammut	of 1622

jmt is correct again. It may take awhile before the company is profitable. Everything is riding on what moves NUOA/FXWA make regarding what properties they add to their portfolio. It may not be too difficult for the company to add properties as the entire hospitality and gaming industry is hurting. The majority of properties around the world are undervalued. FXWA may find lenders willing to work with them on these existing properties by using the property itself as collateral. Should FXWA add some profitable or potentially profitable properties, then we could see the stock price rise even before we see earnings. If Fred is confident about the purchase of these properties and he begins to personally or through NuVen buy back shares, then we may see a very nice jump in price over the next few months. This stock could bounce up and down as we hear the company's plans giving short term traders a reason to follow. For most of us, we should look at this stock from a long term standpoint. 6 months or more. Ken

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