OILEX (OLEX) Message Board

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Microcap & Penny Stocks : OILEX (OLEX)

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To: Steve who wrote (743)	1/23/1997 3:17:00 PM
From: Eric Maggard	of 4276

Hi Steve, Sorry to pop your bubble, but the number of outstanding shares is about 23Mil. More like 23.5mil after the recent acquisition. I do believe however that the valuation will be above three, but it will probably take it another couple of months. I looks like the buying pressure is slowing down. I should be interesting tomorrow and see if it continues. I think that a new MM or an investment group started to buy in. I can't think of where this volume would come from with no outstanding news. Any other opinions. Eric P.S. It looks like I took some profits a little too early. Oh well.

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