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


To: ShoppinTheNet who wrote (7880)1/7/1998 8:59:00 PM
From: sh  Respond to of 20681
 
S.K., LOL, what else can one do. I think we're all numb at this point. Heck, I was crazy enough to buy some more for myself and others. This was another one of those proverbial buying opportunities. Any more days like this and I'm going to check myself into a rehab center.



To: ShoppinTheNet who wrote (7880)1/7/1998 11:19:00 PM
From: Stoopid  Read Replies (2) | Respond to of 20681
 
SK---Great post (FOMCLMFAOTMSH) Ha ha heeeeeeeeeeee ha...

ci



To: ShoppinTheNet who wrote (7880)1/8/1998 3:15:00 PM
From: Random Walk  Read Replies (2) | Respond to of 20681
 
S.K. Bought more today. Will probably buy more tomorrow. I learned from Home Depot, Microsoft(sell now), Wal-Mart, etc. Stocks go through 4 phases: speculation(naxof now), hyper growth (this is where
the big $ starts comming in based on a good "story" that is credible)
transition(where earnings show up and perception prevails) then reality sets in with some sort of "maturity" as the stock trades with a consistent pe multiple. Some stocks never make it that far. Naxos with its' "process" has the opportunity for tremendous recurring revenues. Just think of a few 2 for 1 splits and the resultant dividend!
It's a shame that most investors will be willing to sell their shares to the institutions at a nice profit. Me, I'll wait for the dividends!

R.W.