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Gold/Mining/Energy : Naxos Resources (NAXOF) -- Ignore unavailable to you. Want to Upgrade?

To: Ed Huang who wrote (5718)	11/18/1997 4:25:00 PM
From: mark silvers	Respond to of 20681

Ed, In his report he used the closing price of Naxos for Friday. The closing price for IPm on Friday was 5.375. However his recomendation didn't come out until Saturday, so if you transacted on Monday morning, you probably got filled in the low 3's. Mark

To: Ed Huang who wrote (5718)	11/18/1997 8:48:00 PM
From: Eric Tai	Read Replies (1) \| Respond to of 20681

Hi Ed, Jay Taylor recommended IPMCF at @2 7/8 in Dec 96, so it is a breakeven reco so far (closed at about 2 11/16), but he is still holding onto that one, so don't know what will that reco turned out to be yet. He recommended Naxos at $2.52 in May 90, so it is a 3 bagger for him. Because he has nearly 40-50 stocks in his reco list, he will always have some multiple baggers and also some 0 bagger (total loss). Any one of his reco may be real good or real bad and cannot really represent his total recommendation. A better performance checking will be the yearly portfolio performance review. His junior mining stocks list's year to date return is about -23.3%, which is bad but also reflects the junior mining stock market and is similar to some gold stocks newsletters.