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Gold/Mining/Energy : Eagle Geophysical (Nasdaq:EGEO) -- Ignore unavailable to you. Want to Upgrade?

To: Arthur Tang who wrote (23)	3/28/2000 3:13:00 PM
From: Arthur Tang	Respond to of 31

EGEOQ trading at bid of 5 cents and ask of 10 cents. Average volume was up to 130,000. Today only 1800 shares traded at bid. After money is received for the recent two sales of assets, the DIP may be able to be revived with more business conducted. Crude usage has been leveling due to gasoline mixture using more oxygen type of formulation. Foreign crude import has been reduced to 22% of US demand. Large oil companies still think the current high crude prices will erode. New oil exploration will not be immediately a prospect. Since oil well depletes after 15 years, many foreign countries will explore this year to have continuous supply. How will EGEOQ survive, will depend on whether they will have foreign business line up in the next 6 month. Is it time to invest in EGEOQ?