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 (7609)	1/13/1998 5:12:00 AM
From: Edward M. Zettlemoyer	of 9164

Zeev, <why would a pipeline announcement help the stock?> IMO if in fact a pipeline construction contract would have been announced on the target date of about a month ago it would have added credit to the progress of this company and IMO could have marked a reversal in a price trend. The tardiness of such an anticipated announcement only adds to the momentum of a downward trend. Sorta like a fright train rolling in the wrong direction at 2 miles per hour, anyone want to get in front and try to stop it or is patients the answer? Patiently waiting for the reversal. Ed

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