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


To: Imal who wrote (81)6/16/1998 2:13:00 PM
From: xray  Read Replies (2) | Respond to of 178
 
Sir,
You seem to be very excited about Luxor's product -- can you point me to information on sales and earnings expectations?
Thanks in advance. Also, if no-one is supporting this price, why not sell some and buy it back lower?
Just thinking about it . . .



To: Imal who wrote (81)7/6/1998 12:32:00 PM
From: Imal  Read Replies (1) | Respond to of 178
 
"Round and round the mulberry bush..."

Friends:

I could not have asked for a better illustration of my June 16 post, but here goes.

Quite recently, an astute member of our little community pointed out to me a rather stunning "discrepancy" in news as released by the company. As you may recall, in the June 12 news release, Luxor mentions having "prepared [...] Span Tables for application with two major manufacturer's engineered I-joists..." without naming these major companies.

However, if you are clever and persistent and don't take news release content for granted, you would have visited the company's web-site and discovered, under "History" (scroll down to June 1998), that Luxor has in fact "completed span tables for Louisiana Pacific Corp. I-joists, Boise Cascade Corp. I-joists and Jager Industries Inc. I-joists.".

Suddenly we have THREE major companies involved, AND they have names. Imagine that. This is BIG BIG news, news people have been patiently awaiting for months, but investors are forced to dig for it in obscure corners. As a direct result of this sort of information control, the stock price comes under pressure.

What is going on, who is doing this and why? Perhaps some of you can help shed some more light on this somewhat peculiar IR exhibit.

IMAL