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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: alan hardy who wrote (32)4/25/1999 6:15:00 PM
From: Robert T. Quasius   of 67
 
I added to my holdings again on Friday, with a new total of more than seven times my original holdings.

This stock is ready to fly. the market is pricing the stock based upon 1998 performance with ultralow oil and natural gas prices, but soon will factor in a new reality - greatly improved prices possibly with shortages in the next year or two.

I see this stock heading back to the $8-10 range this year, maybe back to $20 by the end of next year.
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