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Technology Stocks : Xenolix Technologies (XTCI) 'Ecstasy'(Formerly MGAU) -- Ignore unavailable to you. Want to Upgrade?

To: E Schmidt who wrote (1731)	5/19/1998 6:26:00 PM
From: Richard Mazzarella	Read Replies (1) \| Respond to of 5143

ES, I just got off the phone with Mike Amundson. I now feel much better. Mike assured me that the flagship project for MGAU is the crater, no ifs ands or buts. That was the focus at the shareholder meeting and I expect attendees to confirm when they eventually post to this thread. The other activities described in the PR are methods to derive cash flow so that progress at the crater can be advanced with minimal shareholder dilution. I pointed out my concern that the PR failed to convey the true focus of the company and it even suggested a company in disarray. Mike told me that we would soon be hearing more about crater progress which has been substantial over the last year. IMO the problems at IPM have these companies running gun shy and reluctant in presenting forward looking statements. All in all, I can stop taking Tums and acid blockers and may even buy some more MGAU if the price softens.