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Gold/Mining/Energy : ARAKIS: HIGH RISK OIL PLAY (AKSEF) -- Ignore unavailable to you. Want to Upgrade?

To: Darwin D. Kenney who wrote (7406)	12/10/1997 1:03:00 PM
From: Reginald de Cologne	Read Replies (3) \| Respond to of 9164

you'll be waiting forever for aksef to go to 10....

To: Darwin D. Kenney who wrote (7406)	12/10/1997 6:53:00 PM
From: J. M. Burr	Read Replies (2) \| Respond to of 9164

DDK: Look, I have learned (after getting beat-up many a time) that in a stock like Arakis you buy with trepidation and take your profits when you can. I've been in and out twice this year, literally within a matter of hours. Now, I make my brokers happy, but they also treat me well. They take their pound of flesh but I'll take my 8-15% profit and I won't wait for $4, or even $3 in this market. The action in AKSEF is pitiful, and there are good reasons why -- all discussed on this thread. However, When this stock breaks the 2.5 barrier, which is possible IMHO, I think it would be a real bargain at 2.25; I will then buy to hold -- at least for a few days. Tumbleweed.