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


To: Richard Mazzarella who wrote (3495)4/22/1999 2:18:00 PM
From: Ed Devlin  Read Replies (1) | Respond to of 5143
 
Richard, Richard!

Is there anything as exasperating as a smart-ass kid? Why is he even still posting? Sure as heck not for information or discussion. To be seen, to make a scar on the landscape he can see on TV, to feel important, to avoid the pain of psoriasis, to feel in control of something/anything? Sad it is these days...

You are, whether you know it or not, a very kind person.

Best,

Ed D.



To: Richard Mazzarella who wrote (3495)4/22/1999 3:01:00 PM
From: Claude Cormier  Respond to of 5143
 
<<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.>>

A very reasonable statement. But you should complete it by saying where the stock should be if the resource is not as speculated.

That is why proving it is essential to shareholders. The market cap of MGAU can only reflect the value of its assets. At the moment, all you have in it is a speculative value, no intrinsic value.

The higher the market cap goes without this much needed intrinsic value, the higher are the risks to new shareholders.





To: Richard Mazzarella who wrote (3495)4/22/1999 3:07:00 PM
From: Tim Hall  Read Replies (3) | Respond to of 5143
 
Richard,

I am surprised at the stock today. The market does not seem to share the same confidence as the thread defenders. Any speculation as to why we did not see more of a pop today?

Tim