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Gold/Mining/Energy : ABC - Abacan Resources, Nigerian Oil $$$

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To: pete meyer who wrote (2420)1/23/1999 11:49:00 PM
From: FoxyLoxy  Read Replies (2) of 3156
 
Mr. Meyer

I guess I am not surprised you have not read material on net security (and if you have, then you have a short memory). When signing on with a provider, I was told NEVER to divulge my true identity in public, and to be very careful in private. Guess you skipped the class and headed straight out there on your own, bearing all. Your choice, not mine. Having read some of your ill-tempered postings in the past, I am glad you do not know who I am. Think about that.

Abacan can move as much as $.30 in a day,...... when on FIRE to boot! Golly, glad I do not own any of that. Too hot for me. Guess it moves up a lot like that because the stock is around $.45 (Canadian Pesos) today. A regular rocket. Must hook my wagon to that star. Who is your broker (do not feel compelled to answer - it was more rhetorical.)

So tell me, Mr. Meyer, when can we expect the press release announcing the deal that will catapult this puppy into orbit? How about a prediction. It was forecast to be in September, 1998, but September came and went - Nothing. That was quite a few months ago. Maybe September 1999? How about Y2K?

Do you really believe that Enron will sign a deal with Abacan that will allow Abacan to profit to such a degree that Abacan stock reaches the level you tout of $2/share - a quarter of a billion dollars? (Peso or Greenback, it does not matter to me, it is just a mythical number for Abacan.) Any person at Enron who would sign a deal that would leave a destitute company like Abacan with that much would (and should) be fired. Enron is not stupid, they are full of very well educated and experienced individuals. Approval to do multi-million (billion) dollar deal is not signed off by the office mailroom staff - it must go though levels of management first. Each level approving the terms. To think that Abacan will be "carried" on any deal without serious economic dilution is, to my mind, just shear inexperience (to be polite). Enron people all understand the "Cost of Capital", and Mr. Meyer, I believe you do not. Enron people all understand when they are dealing from strength (that is about the only way they will deal); this notion, Mr Meyer appears to allude you. Why? Why can you not see the obvious? Why do you continue to hold hope for a dead carcass with bad baggage?

So, a prediction. A comment. A sarcastic jab. Please, something concrete. Flame me if you must, but please tell us why you believe Abacan will be worth "at least $2 per share" "at any time". Or, are you just writing all this puffery to move the stock so you can make few bucks day trading at the expense of some innocent readers of this thread. Just because you "tell us a name" (perhap even your real one), does not give your comments immediate credibility.

Which is it, do you have real reasons to support your claims, or are you just "jerking" readers around for your own financial gain?

Had just a great day, thank you.

Even more efficiently,
FoxyLoxy
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