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To: Warpfactor who wrote (47832)	7/13/1999 8:17:00 AM
From: Robert T. Quasius	Read Replies (2) \| Respond to of 95453

PETD is more of a slow mover, and lacks the volatility of the other microcaps, due to little leverage. I think MEXP has a lot more room to run up near term, so I'm not selling but rather thinking of selling other assets to buy PGEI when and if it dips below $2. I noticed that insiders were buying around $1.75, which tells me that is probably a good price. I am still bullish about AXAS, and apparently insiders are equally bullish. There were five SEC Form 4s filed yesterday, showing significant open market purchases by insider, including President Bob Watson. Insiders have been heavy buyers of AXAS at higher prices as well. These are not stock option related purchases, but open market buys, which is the most significant type of insider transaction.