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

To: geoffreycs who wrote (3492)4/22/1999 2:01:00 PM
From: Richard Mazzarella  Read Replies (3) | Respond to of 5143
 
geoffreycs, this is a speculative stock. Nobody knows for sure if the quantity of metals are there or can be economically extracted. At this time in the company's development, they are showing results that are worth speculating about. Assuming the actual resource is as speculated, MGAU would be a stock worth $100s/share. $2/share give the right margin for risk/reward IMO. Each have their own risk tolerance. I actually think that MGAU should already be trading much higher, but then I'm long. What would you expect me to think?



To: geoffreycs who wrote (3492)4/22/1999 2:01:00 PM
From: Char  Read Replies (1) | Respond to of 5143
 
<If management isn't secure in the potential yet then why are you<

Believe me, management couldn't be more secure in the potential.

Char


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