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Gold/Mining/Energy : American International Petroleum Corp

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To: Dr. Bob who wrote (5647)12/8/1997 2:19:00 PM
From: Sycamore  Read Replies (2) of 11888
 
Dr. Bob, I've talked to somebody at Millennium late last week, and was given the impression that somebody there who owns a lot of shares of AIPN personally think that the stock is worth $50/share at a minimum long term. He said he won't even entertain the idea of selling the stock below $20 and hasn't sold any share to date. Also, I was given the impression that it is his personal opinion that the stock could perform much better in 1998 compared to 1997.

Additionally, for whatever it's worth, I've talked to a couple of people today who own large amounts of shares on the stock and was told that they're still buying it actively at this price.

Good luck. Hopefully the decision you make is the right one. sycamore

P.S. To my knowledge, Millennium's office is open to current shareholders as well as prospective investors. So, I don't think it will be a problem if you call them directly.
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