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Non-Tech : Abraxas Petroleum (AXAS)
AXAS 0.0347-66.0%Jun 22 5:00 PM EST

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To: Robert T. Quasius who wrote (25)3/19/1999 5:26:00 AM
From: marcos  Read Replies (3) of 67
 
You guys might be interested in our gwx thread - #Subject-22611
Abraxas owns about half of Grey Wolf, and gwx manages axas' Alberta assets. Our share price has taken a hit due to an impending 1-for-10 rollback of the paper [127mil out now] and is selling at roughly 2x '99 cash flow. Not much debt. ..... cheers

ps - here's Yahoo's link to axas insiders - biz.yahoo.com
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