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

To: Claude Cormier who wrote (3944)	5/29/1999 11:50:00 AM
From: Joe Hartenbower	Read Replies (1) \| Respond to of 5143

Claude, if one doesn't need to borrow money then why do it? I still don't fully understand how to turn a profit out of interest write-offs if you don't need to borrow money. >>When the numbers are fine... banks will always be there for you.<< I am not saying that MAN will not succeed. Here's the deal. When I balance the risk of discovery with the risk of declining price per oz with the risk of investing with many of the traditional mining people and the various stock exchanges that support those crooks, the risk reward ratio is just not there within a reasonable time frame. Next, I don't think there are enough potential investors out there to support the kind of prices you dream of in the minerals stocks. On the other hand, if MGAU puts money on the table and people can see the money, I think there are enough that will get excited to buy in, reap the tangible rewards and cause the value of the stock to go up. However, if the cash flow and profits are as much as I think they will be, who cares if the stock goes up. Frankly, I think you are preaching to a very small crowd. Claude, I also think you are trying to give mouth to mouth recitation to a dead industry. I think there are enough free ways to loose money without paying for them. I really don't understand why you are hanging around MGAU inferring that it will never work. I realize that you always say "I hope it does" and frankly that doesn't come across very sincere. Are you scarred about what's going to happen to the old time approach? Claude, I do hope you do well with MAN. Your friend, Joe