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

To: Larry Macklin who wrote (15935)	8/31/1998 4:33:00 PM
From: Tom Frederick	Respond to of 20681

Larry, Over 500 point drop today, and NASDAQ took a real bad hit as well. You are the smart one with cash out of the system. Well, let's see what this brings. Hard assets become hot? Let's hope the FL can prove something or Naxos can acquire some properties quick and start the cash flow. The market is not done yet. This will feed on itself especially with BIG margin calls that will accompany the drop and already have. Keep a careful eye on that mattress filled with cash! Tom F.