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Gold/Mining/Energy : American International Petroleum Corp
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To: Geneat who wrote (4197)10/27/1997 4:20:00 PM
From: Zeev Hed  Read Replies (2) of 11888
 
Geneat, at least, I hope you are whistling in tune, I hate out of tune whistlers (VBG). Seriously, if ewe held our grounds at 7600, we would have slowed down the melt down, but this is going to spread like a fire, and I would not be surprised to see a climactic drop in Japan which within weeks will match their bear market lows from few years ago. They broke a 24 month low this week. We are too interconnected not to be affected. People are going to fear a major Asian recession (I have spoken on oiother thread of the Asian deflation coming and that was the reason I was out of all the semis for more than a month now).

Now, as far as AIPN, after this little meltdown clears, I think its future is not related to any immediuate earnings or something like that, thus it should revive (now I am whistling past a graveyard).

Zeev
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