To: Tim Davies who wrote (4310 ) 11/9/1999 2:56:00 PM From: Mr Metals Read Replies (1) | Respond to of 5041
Check out this news for AIGI!! Tuesday November 9, 12:34 pm Eastern Time Company Press Release SOURCE: ADAIR INTERNATIONAL OIL & GAS, INC. Stockreporter.de Begins Coverage of ADAIR INTERNATIONAL OIL & GAS, INC. (AIGI) With a Strong Buy Recommendation and a Conservative Price Target Of $3.90 USD Per Share HOUSTON, Nov. 9 /PRNewswire/ -- Stockreporter.de begins coverage of ADAIR INTERNATIONAL OIL & GAS, INC. (OTC Bulletin Board: AIGI; Frankfurt: 925524) (AIGI) with a strong buy recommendation and a conservative price target of $3.90 per share. ADAIR INTERNATIONAL OIL & GAS, INC. today received a strong buy recommendation from Stockreporter, a leading European financial Internet publication located at www.stockreporter.de. ``STOCKREPORTER specializes in the coverage of micro-cap stocks and undervalued OTC and BB companies. The successful STOCKREPORTER team is one of the first independent analysts to begin coverage of ADAIR INTERNATIONAL GAS & OIL and release an investment opinion. STOCKREPORTER began coverage with a conservative target price of $3.90 per share for the year 2000, and with a current share price of about $0.16, ADAIR offers amazing potential in the short, medium and long terms. Almost all of the successful STOCKREPORTER team's buy recommendations have shown, without major exception, extraordinary growth,' states Dennis C. Hass of STOCKREPORTER. ``STOCKREPORTER regards the share price level of ADAIR as a extremely attractive buy opportunity for investors looking to profit from the upturn in the oil and power market at realistic valuation and stock prices. ADAIR INTERNATIONAL OIL & GAS, INC. (AIGI) is one of the most exciting companies to come to our attention in recent years.' said Tim Kneib of STOCKREPORTER. ``STOCKREPORTER has completed an extensive evaluation of ADAIR and has sent two teams from Europe on two different occasions to complete their due diligence of the company and its projects which included STOCKREPORTER'S geologist who evaluated our Yemen data that enabled them to reach this strong buy recommendation' states John W. Adair, chairman. ADAIR was recently listed on the Frankfurt Exchange. This news release contains forward-looking statements within the meaning of the Securities and Litigation Reform Act that involves risks and uncertainties, including exploration, development, operations, marketing and implementation risks, and other factors described from time to time in the company's publicly available 10-K report, which could cause results to alter materially.