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Strategies & Market Trends : Level II Trading -- Ignore unavailable to you. Want to Upgrade?

To: DRRISK who wrote (14)	1/31/1998 11:14:00 AM
From: anyer	Respond to of 1086

DR. Abacf seems awfully cheap for a co. already producing 20k bpd even considering 100m shares. I know someone bought big blocks Thur.; insurance to drill a new well. Cash flow problems could be history soon from what ABC SI thread is saying. Seems promising enough to take initial position at this level. Oil will come back pobably sooner than most people think; I happen to think the dynamism of Asia is only starting and that accordingly this is only a minor blip down in demand. I see strength returning to many charts of small oil co.s. Have 5 figure Abacf as of Thur. Already heavy into Aipn since .75 initial. Traded twice and repurchased; have held longer than I really like to do, but was afraid to sell past Oct. as I believe the potential. Look at 7 Seas, sitting on elephant field, little production and no pipeline in Columbia but selling for 4 times Aipn market cap. Soros bought 2m shares. Also have HHLAF and CHAR. What level II system do you use? I have been AT financial which does not give the name of buyer. Haven't been able to make much out of activity of RMCC accordingly. Regards, Anyer