Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : International Rochester Energy Corp. (T. ROH) -- Ignore unavailable to you. Want to Upgrade?

To: peter hogan who wrote (290)	12/29/1997 6:16:00 PM
From: Ed Ajootian	Respond to of 934

Peter, Looks like we got ourselves a heavy hitter at Dominick & Dominick that wants to own this stock. Last 5 trades today were buys @ $1.60 and trading closed with a whopping 21,500 shares being bid at $1.60. I can't believe the market is just gonna stand by and let this guy steal these shares at this price. D&D was the firm that brokered the convertible notes and I wonder if they are also doing some stock trades for the same Swiss firm that bought most of the notes. I had heard that the Swiss pledged to buy more ROH stock at some point. See today's news about HEC getting an association contract on the acreage that abuts the Palo Blanco field. This makes a buyout of ROH even more likely IMO since it demonstrates, far more strongly than any words can, just how highly Mikel regards the Palo Blanco find. Believe me, Mikel is gonna want _all of this baby, not just half of it. While I feel we maximize our long-term profits if there is no buy-out, it sure is nice knowing that the buy-out scenario is there to bail us out if the market for ROH stock never snaps out of this idiotic funk that its in.