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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: ron peterson who wrote (46478)	6/15/1999 6:46:00 PM
From: Think4Yourself	Read Replies (2) \| Respond to of 95453

API: GASOLINE STOCKS FALL 2.25 TO 223.4 MLN BARRELS FOR WK API: DISTILLATE STOCKS UP 796,000 TO 132.1 MLN BARRELS FOR WK API SAYS CRUDE STOCKS UP 4.37 MLN BARRELS TO 337.3 MLN BARRELS Oil much worse then estimates (1.5 - 2.5) Distillates at low end of range (.5 - 1.5) Gas better than estimates (1.0 - 2.0) Looks like someone is cheating on their quotas? Glad I am no longer margined!

To: ron peterson who wrote (46478)	6/15/1999 6:55:00 PM
From: Robert T. Quasius	Read Replies (1) \| Respond to of 95453

Yes, I saw the AXAS news on Yahoo. This isn't the end of the world for AXAS, and the stock will continue to trade on the BB system. Delisting does nothing to change the fundamental valuation of AXAS reserves. I have another stock that went through delisting to BB, and is now selling for more than double the price at which it was delisted.