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

To: Alan Wojtalik who wrote (7643)	1/16/1998 12:00:00 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 9164

Alan, I think that if Arakis goes above 3, it will have reversed course and you probably stay with it for much higher prices. The reason, IMHO, is that such a break out would be in response to new reserves, and deep in my belly, I still think that the fields have an unusual good potential. If you have stayed that long in, just keep coming to our Arakitis treatment center once a month and we'll take care of these buterflies in your stomach. As for the short term, can you live with a dip to as low as the 1.625-1.75 range without selling in panic? Zeev