SI
SI
discoversearch

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


To: Peter Berkman who wrote (7639)1/16/1998 5:05:00 AM
From: Edward M. Zettlemoyer  Read Replies (1) | Respond to of 9164
 
Peter, Yes, Triton certainly had it's share of problems and hard luck. Here's an article that appeared in the WSJ a while back.

www4.techstocks.com

Still confident and long, Ed.



To: Peter Berkman who wrote (7639)1/16/1998 11:55:00 AM
From: Alan Wojtalik  Read Replies (1) | Respond to of 9164
 
Hi Peter,

While I didn't/don't follow Triton, I do own several stocks that have
good "potential", but are never the less depressed. I think at this
time in the market, the 6 month outllook has been too clouded by
the Asian crisis, so "investors" are in a "show me the money" mode.
Even then, I've seen stocks report good 4th Q numbers, only to trade
down because of what might happen during Q1. And as Zeev
pointed out, all of the oil stocks have been hit by the falling price of
crude oil. I stil believe that until this company realizes some of its
potential in the form of pumping oil through a completed pipeline, or
in earnings (which is probably predicated by the first case) it will
remain in a trading range, with $4 probably the high.

Regards,
Alan