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


To: MARIO PASQUA who wrote (5350)11/25/1997 11:29:00 AM
From: BWnDallas  Respond to of 11888
 
Mario: I think we are in agreement that the warrants are a good buy right now as is the stock. My earlier posts merely relate to the mechanics necessary for the company to call the warrants before March next year. I believe its the 20 day average that would allow that to happen, and not necessarily 20 days at or above 8. Those of us who believe the stock will go beyond 8 in the near future can still get the warrants cheap today assuming we are right about the near term future of the stock price. With events and news coming as they have and in the order we have seen, I anticipate at least 8 on the common relatively soon. Either way, it will be a nice return if we are right.

Thanks
BW



To: MARIO PASQUA who wrote (5350)11/25/1997 8:08:00 PM
From: Len  Respond to of 11888
 
This one has me tempted. It looks ready for a breakout. What is the conversion on the warrants, the call price, and when do they expire.Thanks if you can help.