Adair Intl. Oil and Gas (AIGI) Message Board

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Microcap & Penny Stocks : Adair Intl. Oil and Gas (AIGI)

AIGI 0.0001000

0.0%

Nov 5 9:31 AM EST

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To: Micro-Selector who wrote (486)	6/8/1999 6:54:00 PM
From: Lazarus	Read Replies (2) of 769

Another press release.... NOT impressed.... This company has made my brown water list along with your AWLT. Tell us...has this company done any of the other things that it has said it was going to do from the past press releases??? I hold shares here...but have absolutely no confidence in the company at this point... and do too good in stocks that perform well to sit in the bleachers and cheer for something I no longer believe in. Granted OIL and GOLDS are all way down...but there are some that doing something...or at least have smart people at the helm. My current favorite in the OILS is EGXP ... and they are smart enuf not to be messing with oil right now. They have about 83 cents per share in cash and the stock is trading at 50 cents. They recently cashed out on an LLC and took a $2,000,000.00 profit. They have an attractive share structure and I think they have the smarts to put the $$ they made to work for them and the shareholders. Once others take notice of the company...they should be trading up near their book value. [thinks me] whereas so many of these other piss poor penny oils [OLEblank - GARblank - LNSblank - AIGblank] have done nothing but screw the shareholders. IN short - I would rather buy a company like EGXP that actually does something to enhance shareholder value and SAYS nothing about it...THAN buy one that is always saying it is going to do something yet never seems to do anything ... that enhances shareholder value. biz.yahoo.com Lazarus

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