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

To: Henry Volquardsen who wrote (14621)	7/22/1998 1:50:00 PM
From: Tom Frederick	Read Replies (1) \| Respond to of 20681

Henry, very valid point. This has been a highly emotional stock from day one. It got onto the radar scope of investors with the dream of $1,000 shares, not because Naxos was trying to be a nice little junior exploration company. And any news that seemed to support the "big hit" has sent the price up and any news that says FL might not be provable or profitable has sent us through the floor. The truth may lie somewhere in between when all is said and done, but the stock price has almost never been a reflection of careful, sober analysis of current activities. It's almost always been based on "what's in the crystal ball" but with a HUGE magnifying glass in front of it. Tom F.