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To: Steve D. who wrote (128)7/17/2000 8:44:09 PM
From: vcap  Read Replies (1) | Respond to of 403
 
Potential ten bagger!

AmeriResource Technologies, Inc. Purchases West Texas Real Estate & Resources,Inc.
Mon Jul 17 17:57:00 EDT 2000

LAS VEGAS, Jul 17, 2000 (BUSINESS WIRE) -- Delmar A. Janovec, Chairman and CEO
of AmeriResource Technologies, Inc. (ARET) announced today that ARET has
successfully completed the acquisition of West Texas Real Estate & Resources,
Inc. a real estate and mineral resource company. West Texas Real Estate &
Resources, Inc. has certified gas and oil reserves valued in excess of
$10,000,000.00

Mr. Janovec further stated," The acquisition of West Texas Real Estate &
Resources, Inc. allows ARET to add assets, thus creating value for the
shareholders. This new subsidiary will allow ARET to enter into an industry that
is seeing the highest prices for oil and gas in the last twenty years. ARET will
also have the opportunity through its new subsidiary to seek other mineral
resource companies that could be added to the Company's portfolio creating
additional value for the shareholders."

Statements in this press release, include forward-looking statements that
include risk and uncertainties. The forward-looking statements in this press
release are made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Actual results may differ materially
due to a variety of factors, products and/or services and other risks detailed
from time to time in the Company's ability to produce and market certain
products and/or services and other risks detailed from time to time in the
Company's reports filed with the Securities and Exchange Commission.

CONTACT: AmeriResource Technologies, Inc.
Delmar A. Janovec, 702/579-3347
Fax: 702/579-3350

URL: businesswire.com
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.

Copyright (C) 2000 Business Wire. All rights reserved.



To: Steve D. who wrote (128)7/17/2000 8:51:44 PM
From: Bill Evans  Respond to of 403
 
Thanks Steve, I've learned the hard way to take what the market gives me. Swing trades where I shoot for 30 to 50% and hope for more have been pretty good for me unless I get to greedy. I've discovered that stocks stay in a cycle most of the time and it takes something big (bad or good) to break it out of that cycle. ADVR cycled many times from .19 or .20 area to the .28 to .35 area. By buying at the low and selling near the high or when the volume slows down I might miss the homerun but I also avoid most of the risk of holding long term (years and years) and not selling and finally see that stock go belly up. Swings may run a day a week a month or a year before they blossom. Usually the shorter term swings are the highest risk.