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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Teddy who wrote (9495)1/23/1998 10:31:00 PM
From: Tulvio Durand  Read Replies (1) of 95453
 
Thanks Teddy and Ken. I invested in XCL about 5yrs ago in the $1 range and sold it for about same price a year or two later. I was surprised to see it up around $4, thinking it might have hit a big field in offshore China. Instead, as Teddy said, it executed a 15:1 reverse split, making its worth next to nothing. Roach motel is a good descriptor, Teddy. Thanks for the link, Ken (I may visit them). Teddy, did you bail out of IOM before recent crash? Is the selloff overdone? Tulvio
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