ISRAMCO (ISRL) Message Board

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Microcap & Penny Stocks : ISRAMCO (ISRL)

ISRL 11.91

-3.6%

Dec 3 2:20 PM EST

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To: Kobeisthelakers who wrote (9)	4/1/1997 10:16:00 AM
From: swoboda4	of 35

In the April 1997 "Cheap Investor" newsletter ISRL is a buy recommendation at $.66. This company is new to me and I am researching the buy recommendation. The newsletter said the company has $23 million in cash which means each share is worth $.90 cents. The stock is currently undervalued. He also states for the past couple of years the stock has traded betweet $.50 and $1.25 which means if your a trader you can make some money if you buy at the low end. The newsletter also warns the stock is speculative since the company has not found any oil after several years of drilling. I also note that this message board is not being used so I guess people have lost interest. Any opinions for a possible new investor to this stock.

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