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

To: Lisa A. Grabenbauer who wrote (7464)	12/17/1997 9:10:00 PM
From: John A. Paul	Respond to of 9164

Lisa: If the contract has been issued for the pipeline (see two posts up), I don't think you will get the stock tomorrow for 2 1/8. Just MHO. JP

To: Lisa A. Grabenbauer who wrote (7464)	12/17/1997 9:15:00 PM
From: Zeev Hed	Respond to of 9164

Lisa, I cannot guarrantee you the bottom, if I were in your place I'll place a small bet just here under 2.375 or thereabout, and put another bid at 2.125 to complete the position, maybe leaving some dry poweder for next week if we get some capitulation. The trading today (and I was out of the office so I can look only at final results) was OK but not a bottom forming trading pattern. You have to realize that we may not get a "bottom forming pattern" and the stock will creep up from here in "stealth". Zeev