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

To: Jim Drewitz who wrote (420)	12/2/1997 2:31:00 PM
From: Scott Munson	Read Replies (4) \| Respond to of 1112

I would venture to guess that if a takeover was ever attempted of STAX it would succeed because of the poor performance of present management, lackluster stock performance, and lack of board ownership. If there isn't a BIG improvement in the next quarter I'll bet that this stock will trade below a dollar as many people opt out of it from poor price performance. STAX needs to start performing like a company run by professionals, not like a seat-of-the-pants operation which it currently acts like. I have yet to EVER receive a response from ANY email I have ever sent them. It is truly sad to see such a promising product and company squandered by such a lack of commitment on managment's part. I think that NOUVINOX has unlimited potential. In the hands of a large company it would be incredible, but Stealax seems none too interested in achieving this success. Why is that?! Harmon certainly has a stake in this, as well as some investors whom I am sure are close to him. Isn't he looking for a decent return on that money?