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Microcap & Penny Stocks : NAMX -- North American Expl.-- Que Sera Sera! -- Ignore unavailable to you. Want to Upgrade?

To: Sidney Reilly who wrote (2148)	1/15/1998 10:56:00 AM
From: bob	Read Replies (1) \| Respond to of 4736

Bob, Lets just say that after a few conversations with NAMX management & their PR guy I am cautious. Don't know about the simple hyper. You will have to ask Zeev that question. Bob

To: Sidney Reilly who wrote (2148)	1/15/1998 11:15:00 AM
From: Hunter Vann	Read Replies (3) \| Respond to of 4736

Big Block sales @ .165. Just saw another 140k pass by. PLEASE tell me people on this thread haven't resorted to believing Sturgeon's Technical analysis on reasons behind the movement of this particular stock. First of all, he just LEARNED what TA was just about 2 months ago. He's probably not even finished with the first chapter of "Technical Analysis for Beginners". Second, most profound & astute techinical analysts agree that it has NO bearing whatsoever in the prediction of movement of penny stocks. I know, there are a couple of people on here that totally disagree with this statement(go figure), but if you frequent the more advanced TA threads on SI, they will agree with my above statement. I noticed yesterday that Intel had record revenue for 4th qtr. & for the enitre year of 1997. Gross Revenue for the year was roughly $25 billion. It be safe to say that Intel has probably been in business since the mid 70's. It's roughly taken them 18-20 years to capture this astounding amount of capital. In Marty's opinion, NAMX will generate 20% or $5 billion of this figure in a little over 3 years. To say the least, I'm still having a hard time swallowing this one...