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: Robert Meany who wrote (7607)	1/12/1998 3:01:00 PM
From: Zeev Hed	Read Replies (2) of 9164

Robert, why would a pipeline announcement help the stock? Is there anyone doubting that Arakis will issue contracts to lay the pipeline? If no one has such doubts, than the actualization of a contrat will not, IMHO, cause any major direction change in this stock. The down trend, unfortunately is still own, and we dipped today for the first time in a very long time below the $2/share. I do not know where the bottom is, does anyone? Zeev

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