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Microcap & Penny Stocks : OILEX (OLEX) -- Ignore unavailable to you. Want to Upgrade?

To: Ditchdigger who wrote (2778)	2/20/1998 12:27:00 PM
From: OFW	Read Replies (2) \| Respond to of 4276

Bid just dropped to .26, ask at .30. Gee, I wonder what could be causing the decline today? Offie

To: Ditchdigger who wrote (2778)	2/20/1998 12:30:00 PM
From: Eric Maggard	Read Replies (1) \| Respond to of 4276

Glad I didn't get back in when it was "cheap" at 3 or 4 cents/share. That is going to look expensive here in the coming weeks. I didn't know about them stopping conversion. What would have been nice is for them to announce that they had debentures out back in July or Aug before they started to convert. That would have saved some people some money. But the more I look at it, I don't think the management of OLEX has investors best interest in mind. Why won't they come out and say why they need in excess of $4 mill in a relatively short time. And why they couldn't get other means of funding. See you at < .10 Eric Maggard P.S. I wonder if they could take my name off the intro? :-}