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Gold/Mining/Energy : ARAKIS: HIGH RISK OIL PLAY (AKSEF)

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To: Richard Mazzarella who wrote (20)6/22/1996 3:48:00 PM
From: rfisher   of 9164
 
Hello Richard!

I am on Arakis's automatic fax system for news releases. I discovered
that Arakis faxed a news release to me very late yesterday - after the
market close. Perhaps this is the same news release that you mentioned.
The news sounds very positive. I would expect the share price to jump
into the 6s on Monday. Perhaps the media will begin discussing Arakis.

I am very, very heavy into Arakis. Having been in and out of Arakis for
two years and having watched the stock climb from low 4s to 26 last
year, I am very cautious. The climb last spring and summer was very
turbulent.

What are your projections for Arakis? If you have time, please let me
know how calls work.

I hope you (me to) make a bundle on Arakis this year.
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