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Non-Tech : LUXOR INDUSTRIAL CORP. -- Worth checking out ! -- Ignore unavailable to you. Want to Upgrade?


To: Imal who wrote (11)2/13/1998 7:39:00 PM
From: Rick Boardman  Read Replies (1) | Respond to of 178
 
Yes, it was an interesting day for Luxor stockholders today. Over 25,000 shares traded and up 15cents on the day. This level ( 1 buck CDN) has some firmness to it historically and would provide a great springboard should additional investors suddenly stumble on this great company which has great prospects in both the near term and long term. Keep in mind the patent is good for another 12 years I believe.

You were asking about insider holdings the other day. I can tell you that the inventor of the product (Taylor) is a director and has a considerable stake as does Lashman and Trowse who are two other directors. I believe the holdings of the directors added together is about 3 million shares.

From what I hear the best news of the year is yet to come. Stay tuned and keep in mind that the stock is real thin on the ask up to about 1.70. It can go up in a hurry to a buck fifty with some significant volume.

As a stockholder of Luxor for over a year now, I appreciate your interest in this company. There is much much more that could be said about what is going on with the company.