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To: ogi who wrote (30255)8/12/2004 12:50:17 PM
From: ralfph  Respond to of 39344
 
Thanks for the reply ogi. IWA is one of those stocks to stay away from. Very dillutional, the insider trades , compensation along with the nondiscloseure and burn rate are enough to keep most away.
That is why I was surprised to see JE take a position.
But who can tell ? crystalex has had a great following for years and their accounting practices are REALLY weird.

Perhaps IWA will end up trading at 5 bucks and my theories about stock evaluation will once again be trounced,

BWTHDIK ?

ralfph