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Microcap & Penny Stocks : NAMX -- North American Expl.-- Que Sera Sera! -- Ignore unavailable to you. Want to Upgrade?

To: Brad Morris who wrote (4034)	7/1/1998 6:18:00 PM
From: Zeev Hed	Respond to of 4736

Brad, in my opinion, absolutely not. But then, my opinion has not changed on NAMX since the days it was going under the banner IMMM (and at close to a buck). Zeev

To: Brad Morris who wrote (4034)	7/1/1998 7:49:00 PM
From: Raptech	Read Replies (1) \| Respond to of 4736

NO!!! do yourself a favor and read a bit of the past thread. Right now, NAMX is not a good buy at any level unless you want to kiss your money goodbye.

To: Brad Morris who wrote (4034)	7/2/1998 10:47:00 AM
From: Hunter Vann	Read Replies (1) \| Respond to of 4736

Is NAMX a good buy at these levels? To answer this question, one would have to actually read their qtr. filings. Since there are none, buying stock in this company is pure speculation. Good luck to you in whatever your decision...

To: Brad Morris who wrote (4034)	7/2/1998 12:49:00 PM
From: Saturday	Respond to of 4736

hey brad! your question is harder to answer than it seems. unfortunately, we have no reliable numbers to base that decision on. hunter was correct by saying that this stock is pure speculation. unfortunately, some of NAMXs investors are in at a very high cost basis; this has lead to some of the negativity. also, the company does not seem to be forthcoming with accurate information...which has also cultivated negativity. overall, investor outlook seems grim...and rightfully so. My outlook on this stock is cautious. I think this stock has potential of rebounding as oil prices begin to move up....and the company puts itself back in order. but it is possible that we may see lower levels before such time. AND...we are approaching year end! this means that the early stages of the January effect are right around the corner. overall, there are a whole lot of negatives, right? this is why I have picked up NAMX. when things are this bad....well, i have seen this type of scenario before with different stocks.....ibm, namx, ek, netz, etc. etc. don't get me wrong, i am not comparing namx to ibm...but when ibm was at 30. a share...things seemed pretty bad!