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

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To: J. M. Burr who wrote (7610)1/12/1998 5:37:00 PM
From: Peter Berkman  Read Replies (1) of 9164
 
Zeev,Razorbak, et al:
Clearly the oil sector is in a bear market at this time with oil
prices down and many companies hit hard. Have we all been wasting
our time with this company? Where is the bottom? A dollar, 50 cents?
But , why then is Sands spending millions of dollars buying stock.
It sure would be nice to know what Dan Rice is thinking at this time.
Is there a strong possibility that AKSEF will go out of business or go
bankrupt?
Patient but extremely frustrated!

Peter Berkman
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