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

To: Sycamore who wrote (5592)	12/4/1997 10:24:00 AM
From: cite	Read Replies (3) \| Respond to of 11888

Anyone have any honest thoughts on why we are tanking a second day in a row?

To: Sycamore who wrote (5592)	12/4/1997 12:45:00 PM
From: Sycamore	Respond to of 11888

**PLS SKIP OVER, this is a long and boring AIPN bedtime story*** To those who have the time & patience, just thought I'd share this with you. For some weird reasons, I couldn't sleep last night. Not necessarily because I was worried about AIPC's future, it's a given it will deliver if we have the staying power, but possibly because of my anxiety towards not diversifying enough or overweighting my portfolio with AIPN stocks. Just sold shares of another company recently to grab more AIPN shares. So, now it occupies roughtly 78% of my holdings. The night went like this. After dinner, and this becomes a normal nightly sub-routine for me during the last few weeks, I logon to the internet to read and review postings on SI and AOL. Aside from a few who are still finding negative things to say about the stock, have noticed that generally speaking, except for the volatility, most of the posters now feel very confident about the company's long term prospects; while some who are actively and closely following the AIPC story anticipate an immediate uptrend to follow that will bring the share price to double digits. To me at least that's a very bullish sign. Before completely retiring for bed, I grabbed copies of Bossey's reports to review them once again to make sure that I didn't miss out on anything. No big deal, I still feel very confident, afterwards. Later on at around 11:00pm, equipped with Peter Lynch's book entitled "Beating the Street" and an old copy of the 1989 Money Magazine featuring PL as well, just proceeded to go to bed. Read, read, read thinking that sooner or later I'd fall asleep. Needless to say I was wrong. The longer I read the more I stayed awake. Worst yet, got more excited! Hope you understand why. Below are some of the known rules Peter Lynch uses that made him tons of money in the stock market during the 80's and how I see them applied to our journey with AIPC. 1. "Invest for the long haul. The real money in stocks is made in the 3rd, 4th and 5th year." Looking at AIPC's history, one can easily conclude that the growth of this company has obviously been delayed. I think we have just entered AIPN's best years that started in mid-1997. It keeps playing in my mind that the last 6 months and the next 2 1/2 years to follow could possibly be Dr. Faris and AIPC's best years. 2. "Don't worry about predicting the stock market or the economy. Trying to predict the market is a waste of time. You make money by concentrating on individidual companies or a turn around depressed industry." The oil industry as a whole may not be in turmoil, but have no doubts that AIPN fits as a turn around play. Evidences of that happening are overwhelming. 3. "Before you lay out money, do some research." Feel very confident most of us have done just that. 4. "Keep monitoring a company after you buy shares." I believe that's exactly what most of us are actually doing. Monitoring our AIPN investments by the minute. 5. "Don't overload your portfolio with stocks. You should own two or three companies at most, and perhaps be watching 6 or 7 others. You don't want more stocks than you can keep track of." Of the 5 rules mentioned, this is probably what I like the most. It puts my mind at ease. Perhaps, this will vindicate others who are overloaded with AIPNs as well. Another amazing story that's probably worth mentioning about was Peter Lynch involvement with the US automobile makers in 1982, while many of the money managers ignored them. Recognizing the opportunity presented him, he seized the moment and put millions of dollars of Magellan's funds at risk in an almost bankrupt automaker, Chrysler Corp. Unbelievably enough, in a matter of six years this nearly bankrupt company had blossomed and rewarded this deligent investor with "50 FOLD RETURN." Entertaining the possibility, to my amazement at 3:30AM that anxiety turned into excitement. This time it was directed towards the mind-bogling potential of the AIPN story. Those of you who were at the AOL CHAT ROOM on Monday night may possibly understand what I mean. Watch out for the upcoming 30 months, I had a strong feeling that "God3033033" scenarios could play out. Just wish I didn't find out right away who he was, it could have been much more exciting that way. Anyway, assuming that things work out well, i.e Wavetech Analysis, the JV, etc., after re-evaluating my position on the stock's true potential, I came to a conclusion that indeed there's a good chance that Peter Lynch experienced with Chrysler in the 80's could be repeated here OVER AGAIN. Who knows? Anyway, please remember that it's just a one man's opinion. Lastly, don't stay up late guys! sycamore