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


To: Rick Boardman who wrote (14)3/18/1998 12:21:00 AM
From: Imal  Read Replies (1) | Respond to of 178
 
Rick:
All I am hearing about this outfit is very positive. The stock has been all over the place in the past 18 months but it's rapidly recovering and I think will soon be trading at its 52-week high.

Lots of things are happening and not least the upcoming endorsement of their product by major I-joist manufacturers in the US and Canada. With this to complement their product's performance with solid sawn joists, there is nothing to stop them booming on the construction market in Canada and the US in 1998. The IBS 2000 has all the building code approvals in hand for North America, and it WORKS!

More importantly, at this crucial stage, the company stands to benefit from the undivided support of their major shareholders, here and abroad, according to Luxor's investor relations manager, Budd Iwachuck. These guys (a handful of Texas entrepreneurs, according to Budd) have stuck with Luxor through the ups and downs since years and are committed to see this company succeed through and through! A relisting to a US exchange is not to be excluded.

Official news is due out soon but in my opinion, the real news about this company is somehow trickling out already which would explain the recent activity in the stock.