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Gold/Mining/Energy : American International Petroleum Corp -- Ignore unavailable to you. Want to Upgrade?

To: BWnDallas who wrote (5341)	11/25/1997 11:13:00 AM
From: MARIO PASQUA	Read Replies (2) \| Respond to of 11888

BW, At the moment the "AVERAGE" doesn't mean anything to me. You have to look at dynamics and the momentum of the way this stock is been trading. I believe the warrants right now are priced fairly cheap. The $ 8.00 base average will apply only if the common will stay in that range for 20 days with not much of news.. But you also have to take into consideration that If any great news like the Wavetech report, for say 3 billion brls, or/and the JW will come out in the near...near future. ;-) The way I see it, this baby will go up much...much more then $8.00, which will make the warrants the best buy right now for the money. If it doesn't, and the common will be on the average of $8.00. I believe the W will still be worth $4.00 + ( IMO)