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

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To: Zeev Hed who wrote (6604)7/14/1997 1:00:00 AM
From: Douglas V. Fant   of 9164
 
Zeev,

As I noted to you earlier AKSEF depends upon the political adroitness of its management. Come join us on the APM Thread. APM earnings out this week. Crisman the CEO intentionally moved the earnings release forward to this week before options expiration date and also to piggyback its biggest customer's earnings release, WDC.

APM is the number one short reported on the NYSE with an unbelievable 38.8% of its stock shorted as of July 11th. Somone, the longs or shorts is going to get "hosed" big time, and it may be this week....

Sincerely,

Doug F.

P.S. Buy a little SEMX Monday or Tuesday before earnings are released. It is similar to AKSEF, but free of any political issues....
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