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


To: Zeev Hed who wrote (7609)1/12/1998 8:30:00 PM
From: Robert Meany  Respond to of 9164
 
Zeev:

Believe it is an important milestone to meet, plus we haven't had any good Arakis news in some time, hopefully it will stop the downward spiral. Can't believe Sands is still buying if they think its going much lower.

Bob

PS You better watch out-Playgirl will want you for their cover next. Nice article.



To: Zeev Hed who wrote (7609)1/13/1998 5:12:00 AM
From: Edward M. Zettlemoyer  Respond to of 9164
 
Zeev, <why would a pipeline announcement help the stock?> IMO if in fact a pipeline construction contract would have been announced on the target date of about a month ago it would have added credit to the progress of this company and IMO could have marked a reversal in a price trend. The tardiness of such an anticipated announcement only adds to the momentum of a downward trend. Sorta like a fright train rolling in the wrong direction at 2 miles per hour, anyone want to get in front and try to stop it or is patients the answer? Patiently waiting for the reversal. Ed