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

To: Ken Wesley who wrote (5959)	12/19/1997 5:00:00 PM
From: Laserbones	Read Replies (1) \| Respond to of 11888

I ignore everything that comes out of Millennium's office that is not an official press release from the company. Of these, there has not been a single release that would give me reason to conclude that aipn's fundamental picture has changed. It's my opinion that Millenium has not leaked out any rumors regarding aipn. I think it is more a case of over excited shareholders reading into statements and making unfounded conclusions. So I do not attribute "the rumours" to Millennium, but rather to individuals who invested without understanding that oil is not a given and therefore let their failing hopes get in the way of common sense. How many times on this thread have we heard things like: "I know someone who is connected and he said that..." I don't mind when someone looks at the information at hand and follows a course of reasoning that is bullish (bearish). But there is making a reasonable argument and there is spin (which is a very dirty four letter word). And yep, we'll all have to wait now. The stock is going to ebb and flow until something substantive comes out about the concession. In the meantime more dilution wouldn't surprise me as the company finds its cash running low. We might learn more about things late Feb or early March. Until then the stock will remain weak with an occasional quick jump followed by a pull back. Nothing would make me happier then for Chikuduk to be another Tengiz, but even if that is true it's gonna be a long, long time before we know for sure. And forget Jed...Ellie Mae...oh how I loved Ellie Mae. Greg

To: Ken Wesley who wrote (5959)	12/19/1997 5:55:00 PM
From: dorothy sg	Read Replies (2) \| Respond to of 11888

ken, i''m long and holding w/ 10k shares. i wouldn't dare sell now. look at what the overall market did today. too many end of year pressures to sell at this time. this stock is a winner. like holden said what's 2 months? i think all the faint of heart and weak hands have been shaken out and the stock will ebb and flow slowly up...kinda like the trading chart for today. of course when the wavetech reports are released-hold on to your hats- the news release will skyrocket the stock and trading will probably be halted again!!! imho(in my humble opinion) dorothy