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

To: jlallen who wrote (17516)	1/25/1999 4:34:00 PM
From: mark silvers	Read Replies (1) \| Respond to of 20681

John, Throwing out odds is meaningless because we just have no way of knowing. IF, things progress as planned a demo plant will be running within a month or so. Then they can bring in an engineering company to do some sort of production audit. At that time we will all know if it's fact or fiction. The good news is that most of the time in situations like this, you will see the stock run up in anticipation of a major event such as a running demo plant. It will then continue upwards or fall back to earth based on the reality (test results)of the situation . Mark

To: jlallen who wrote (17516)	1/25/1999 5:18:00 PM
From: Neal davidson	Respond to of 20681

It seems as if the Company has put a halt to hyping. That certainly does not mean that shareholders, posters on this thread or other individuals will not hype. Do I think the stock will go up on hype versus substance? I am not sure. I think that the chance of true substantive success at FL is slim to none. I think, therefore, that sustained appreciation in the stock price as a result of any true substantive success at FL is slim to none. As far as the stock going up on hype, I think that is a good possibility. It might not be hype from the company, merely hype amongst investors touting the latest release. Maybe that is not called hype. We can call it irrational exuberance. The only reason it matters whether the stock is going up on hype or substance is that a rise due to hype...ooops...irrational exuberance, is an opportunity to sell, whereas real, substantive news could be a reason to buy (or at least hold). Put me in the skeptic/cynic category.