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Microcap & Penny Stocks : IECS- NASDAQ $0.50 stock won prestigious OIL and Gas...

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To: dusty who wrote (680)3/8/1999 9:17:00 AM
From: Bugsy  Read Replies (3) of 747
 
Dusty I have owned ABRG for about 3 weeks now. As Rick stated earlier, Oil and energy stocks are dead right now. True but some say now is the time to buy if you can hold them for a while. I do believe Oil has bottomed and it will move up a little this year. The news on the Montana project should come out pretty soon I wold think. They say there is a huge pool of oil sitting there. I guess we will see about that. At current prices is looks like there's not to much downside. We could see a small pop in the price if they hit a gusher but I don't think it will move to much untill oil prices get up.

Regards
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