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Technology Stocks : Xenolix Technologies (XTCI) 'Ecstasy'(Formerly MGAU) -- Ignore unavailable to you. Want to Upgrade?

To: Mr Logic who wrote (2729)	2/9/1999 10:08:00 AM
From: Char	Respond to of 5143

Thanks for the warning Patrick but I am very comfortable with my MGAU position. Come back in a few months and warn me again.<G> Char

To: Mr Logic who wrote (2729)	2/9/1999 10:22:00 AM
From: Karl Zetmeir	Respond to of 5143

Hi, Patrick .. And NO! I'm not going to accuse you of being a shorter. And YES! There are similarities between the promotion of MGAU and the promotion of IPM. I guess promotion sounds the same because they're in the same geographic setting with similar geological settings. There's where the similarities end! In spite of receiving hundreds of well-meaning offers to help "solve" the extraction problems of complex mineralization, IPM Management chose to go it alone with a NIH syndrome. Perhaps having a geo-physicist at the head of the Corp. worked to our detriment as they looked at the puzzle as simply a scientific obstacle rather than the solution, by whomever, as the goal. MGAU is led by a non-geophysicist ... his only goal is enhancing shareholder value. To that end, he is negotiating with the one firm who seems to have developed a viable assay and recovery process. If that is in fact true, the process is economical and it can be demonstrated repeatedly ... then MGAU will have accomplished what IPM tried to accomplish and failed. Sure ... the similarities are present ... how could they not be? But the Management style is much, much different ... and I can live with that. Time to give MGAU their place at bat before we throw in the towel on the desert dirts.