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Gold/Mining/Energy : American International Petroleum Corp
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To: DEER HUNTER who wrote (9219)10/23/1998 9:08:00 AM
From: DRRISK  Read Replies (2) of 11888
 
DH,

"It's getting better yes?"

Hard to access this without the 10K detail but I would say that revenues are better then no revenues but GF mentioned that now the company needed to focus on "margins" with regards to the Refinery operation which to me implies that the details of the 10K are likely to reveal that the refinery, at least this quarter, is not achieving the margins that they implied it would at the Annual Asphalt meeting. Probably because they spent too much on those tee shirts that said "Asphalt" on them.

Any way at least Chew is running that business not GF, who is not too smart when it comes to operations, IMHO.

RMCC remained at the inside bid all day yesterday accumulating many shares at 3/32.

The AXE is the MM who controls the sentiment about the stock and is the one that all other MM's watch and typically follow the lead of. One of the problem with AIPN is that we have a no name MM who is our AXE.

DrRisk
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