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Non-Tech : Abraxas Petroleum (AXAS)
AXAS 0.0347-66.0%Jun 22 5:00 PM EST

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To: Robert T. Quasius who wrote (52)8/4/1999 2:10:00 PM
From: Area51  Read Replies (1) of 67
 
Thanks for the info. Looks like good news assuming they got at least what they paid for the New Cache properties that are sold.

I guess that is GWX.TO quote.yahoo.com ??

Given AXAS balance sheet and earnings statement, I don't think that we see the $4 - $5 range anytime soon unless they can show some good revenue/cash-flow growth in the near term.

Best Regards,
Garry
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