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Gold/Mining/Energy : ARAKIS: HIGH RISK OIL PLAY (AKSEF)

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To: richard hawkins who wrote (5759)5/26/1997 2:22:00 PM
From: Zeev Hed   of 9164
 
Richard, your observation of negative sentiments on this thread is quite astute and to me points to a possible reversal soon. But this will require some real good news, since small changes in sentiment will just get the stock back to 4 where I have a feeling there is a lot of supply of stock. Long term, I still view Arakis as a value play and at the current price it seems to be worth just about the potential of Oman.

Zeev
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