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Microcap & Penny Stocks : STAX -----> Stelax Industries - A real gem. -- Ignore unavailable to you. Want to Upgrade?

To: Jim Chapman who wrote (690)	8/1/1998 12:53:00 PM
From: Eric G. Erpenbeck	Respond to of 1112

Jim C, That is exactly why I sold at higher prices. I got very tired of hearing that they would be profitable and then read the 10Q and see just the opposite. I am almost positive STAX first stated they would be profitable in September 1997, then it became March 1998 and now we are in August and the cash is disappearing (last report was sad). You always hear alot of rumors but gosh nothing significant ever seems to hit the press releases. Even when there finally is a news release there is usually "NO" hard dollar contract amounts or specifics. Maybe you can suggest that STAX start keeping their investors more informed through public releases since there is suppose to be significant progress. UNLESS??? NO NEWS has not been good news for a very very long time IMHO.... MY best wishes but I was concerned well over three months ago.