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Gold/Mining/Energy : Petrokazakhstan Inc. -- Ignore unavailable to you. Want to Upgrade?

To: forecaster who wrote (1734)	8/6/2001 12:54:15 PM
From: Hickory	Read Replies (1) \| Respond to of 2357

You ask, "Why would anybody sell now . . .?" Because the 2nd quarter results, compared on a year to year basis, are disappointing. They fell WAY short of your prediction, despite significantly higher production. This is the stock that was forecast to reach US $25 by last March. Didn't even come close to predictions. Some holders of Hurricane stock see their holdings worth today just about what they paid for them nearly a year ago. So they are wondering if Hurricane will be selling for US $6 a year from now, too. What with all the write-ups and cheerleading about Hurricane's intrinsic worth, they certainly didn't expect it to be selling for just about the same nearly a year later. China isn't taking delivery of the Hurricane oil it contracted for. No shipments in July. Besides, there are logistical problems. No further negotiations at present. Besides, CAIH's forcing Hurricane into virtual bankruptcy back in 1999, the Bizakov affair, and the recent insider takeover attempt by CAIH have scared investors off. Just about the time memory of the last NASTY begins to get a little less vivid, whammo! Hurricane takes another hit. Investors ask, "What form is the next attack going to take?" There are very attractive opportunities out there at far less risk.