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Microcap & Penny Stocks : STAX -----> Stelax Industries - A real gem. -- Ignore unavailable to you. Want to Upgrade?

To: Evolution who wrote (1089)	1/24/2000 1:04:00 PM
From: zinger	Read Replies (1) \| Respond to of 1112

This is an point that was ID'ed as a breakout point about 6 months ago but only if it can hold...if it does, I believe it should have a run from here

To: Evolution who wrote (1089)	1/24/2000 1:06:00 PM
From: Michael Dean	Read Replies (1) \| Respond to of 1112

Don't know. I have been holding for a long time and am almost back to even. I think the fundamentals - product and market need are strong, but it takes a long time to penetrate the market. It is not glamour like tech-stocks, but if the company can hold in, there could be pretty huge growth if the product gains even modest acceptance (we're really only at a few test bridges here and there yet, but highway infrastructure is in dire need of upgrades, and governments now have the funds). A buy-out is also a possibility, but I hope not. Maybe licensing? I think that we've just been too early on a good thing. Slow but steady rise recently is most encouraging. With a small stock like this it won't take much recognition to do 100% per year or more. STAX is only a small part of my holdings, so I am just going to let it ride, or perhaps even buy a bit more if this action continues. Mike