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

To: Sycamore who wrote (5819)	12/13/1997 11:12:00 AM
From: DRRISK	Read Replies (1) \| Respond to of 11888

Sycamore, I think that the company does not want to see the price of the stock under 4 but this has some negative implications shortterm if the shorters think this also. This right now is a game of cat and mouse until they can wrap up some of these deals that are pending. They have some news, IMHO, in the bank that could spark the stock if they need to. On a different note The two new groups doing the Seismic I think is very exciting and very bullish because of what I percieve as a need to add credibility to what must already be WaveTech's evaluation. If you get further reaffirmation then you must believe that the JV will gain more confidence in the negotiation as to expanded probable reserves. I think that the numbers coming out of Wavetech must be so impressive that without independent verification then it might suffer under the BreX falling out the helicopter credibility scenario. So reading the tea leaves in my PERMABULL way I think that 4.3125 is a no brainer and characteristically I missed the exact bottom like the last time. Oh Well!!! I leave that to the TA guys who are the Gurus on Bottoms. DrRisk not in the habit of smelling bottoms(:-)