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

To: Paul Salber who wrote (9557)	3/11/1998 8:46:00 AM
From: Richard Mazzarella	Read Replies (1) \| Respond to of 20681

Paul, that's not what I said. There is a buyer for every seller. My MM comment was for accuracy since the buyer for every seller isn't absolute. MMs maintain an inventory that changes as they perceive market needs (maximize their profit).

To: Paul Salber who wrote (9557)	3/11/1998 8:48:00 AM
From: SER	Respond to of 20681

Because they can make more money when they move the ask up!!! SER

To: Paul Salber who wrote (9557)	3/11/1998 8:56:00 AM
From: Random Walk	Read Replies (1) \| Respond to of 20681

Pending news released would raise the asking price giving the market makers hefty profits. Remember folks this is a thinly traded stock with no real market. All someone has to do is sneeze and the price reacts. Unfortunately, this does not seem to work in our favor (yet). We need to entice new investment on a consistent basis to give us the momentum we deserve. You may think you have a drug that cures cancer but first you must prove it, have regulators approve it, then get financing to develop it then blitz the market with sales. The real success comes when you have a story to promote. Sizzle to sell. That's where we're at now. Developing a compelling story to tell. If the story is not convincing, and clearly it hasn't been, investors will get antsy, and the price will drop. Smart investors with clear vision will be happy to buy at these levels. Remove your emotions. Buy!