Michelex Corp (fka MLXO)

[sawdin]

I'm not thrilled w/ mgt., but I'm still long on MLXO. Is there a chance this is just a house of cards? Definitely, but for the time being I'm still long. Honestly, I do not see this hitting a dime, and staying around that level, until revenues are actually being booked on regular basis and we have verifiable on-going contracts that will continue to produce a nice stream of revenue and profits. Obviously, that is what we all hope will occur. My guess is that it will take at least another year for that to occur. Sure, we might get some momo-runs before then, but for a sustained price level of .10+ it's going to take awhile.