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

To: citydi who wrote (15439)	8/12/1998 11:15:00 AM
From: mark silvers	Read Replies (1) \| Respond to of 20681

City There are shares from the pp from last year that are coming off of their one year holding period. I am sure that is the reason for the dumping you are seeing. Mark

To: citydi who wrote (15439)	8/12/1998 11:17:00 AM
From: Richard Mazzarella	Respond to of 20681

citydi, 800k? <<someone knows something>> The market only sees uncertainty, that's sure to depress any stock price.

To: citydi who wrote (15439)	8/12/1998 11:32:00 AM
From: BGM	Respond to of 20681

City: Is that 800,000 or 80,000? I am seeing the latter on AOL. Brad Mertz

To: citydi who wrote (15439)	8/12/1998 11:34:00 AM
From: Henry Volquardsen	Respond to of 20681

Citydi, I think you may have hit the zero once to often. I just spoke to my broker and he said the volume was 82,000. As to the price action he told me, before I asked, that a broker at another firm had just left the firm. This broker's clients hold a large position in Naxos. Some of this broker's clients will follow him to his new shop but some won't. All his clients, however, are receiving calls from other brokers at the old firm who are trying to retain those accounts. This happens frequently in the brokerage industry and it is not unheard of for the new brokers to try and convince the clients to sell certain stocks. Naxos would seem a likely candidate for such a suggestion. FWIW this is hearsay as I don't know that this individual has left, my broker didn't know a name, but I have seen this kind of activity before and it may be a contributing factor. Henry