ARAKIS: HIGH RISK OIL PLAY (AKSEF) Message Board

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

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To: Zeev Hed who wrote (7401)	12/9/1997 3:58:00 AM
From: Peter Berkman	of 9164

Zeev and all: I talked yesterday to a friend who is a big time investor on the West and East coast. They made big money when aksef rose to $26 several years ago and sold their shares at $22. He is watching carefully and plans on buying but not until in '98 or early '99. He states the timing and cylical nature of these oil stocks is not ready yet. The rest of us have certainly been patient through these years but again, we wait........ By the way, I use the analogy of an upstarting biotech company, attempting to get your product approved by the FDA and to market.

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