Tracer Petroleum (TCXXF) Message Board

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Gold/Mining/Energy : Tracer Petroleum (TCXXF)

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To: Dave K who wrote (1157)	8/25/1999 2:24:00 PM
From: James Strauss	Read Replies (2) of 1261

Dave: As a shareholder I hope for the best... But, does Oil and Internet mix? Will Tracer buy a chain of Pizza parlor's next? Does Tracer Mgmt have the expertise to manage an E- Commerce business when they haven't been too successful managing the oil part of the business... This looks like an attempt to build a cash cow through an eventual IPO that brings in cash to fund the oil exploration part of the business... As I type this I'm asking myself why I'm publicly posting this when such skepticism may negatively effect the price of the shares I own... I'm doing ot to get a response from David Robinson who reads this thread... I'd like to know what makes Tracer Mgmt think they can successfully run two businesses given the poor past track record of running just one business... With that said, the prospects in Iran are intriguing... There is plenty confirmed oil there... So, something may come out of that yet... Oil and Internet??? Mr. Robinson has to make a believer out of me... Jim

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