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

To: Claude Cormier who wrote (3972)	5/31/1999 5:25:00 PM
From: Patrick J. Saunders	Read Replies (1) \| Respond to of 5143

I have to agree with Claude. If you want traditional stock valuations (some say $50/share <VBG>), then you better expect to bring in the traditional buyers that can swing the share price to these levels. The only way to get there is to have proven reserves or for MGAU to start burping out very large checks. Without a drilling program, I think we can expect this stock to behave exactly as it is: A penny stock. FYI: I would be very happy to have Mike/MGAU prove me wrong. I just don't want to wait until my first born has grand children. Good luck to all. Pat