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To: T-Lo Greens who wrote (7201)2/4/1998 7:54:00 PM
From: NoMoney  Respond to of 11888
 
Yes. I have added to my position by a small percentage.
Looking for the news on seismic to spike us up.

Peace, NoMoney



To: T-Lo Greens who wrote (7201)2/4/1998 8:21:00 PM
From: Lex Kroes  Respond to of 11888
 
>>Next Thursday, Feb 12, looks like a good day for a news release<<

Why ?? Is this based on the weatherforecast, or what ??

Lex



To: T-Lo Greens who wrote (7201)2/4/1998 8:51:00 PM
From: Sycamore  Read Replies (1) | Respond to of 11888
 
Tony, You may be right, but so is others. If the seismic numbers will be that good (Begesh 1.1 Bil + Chicuduk 3 Bil plus), I think the stock could pop above $5 anyday now before it happens. Assuming your guess of Thursday next week is closed, then we should expect some real buying accompanied with heavy volume very soon.

From $4.00, what is the downside near term, $3.75-$3.88? How about the immediate upside potential; $8.00-$12.00 perhaps even more? If these were the odds, I'll go long here at $4.00 any day.

Again, with the above potential in mind, I honestly don't think this is the time to be out of the stock. We waited long enough already, and it will be a waste not to benefit fully from it, especially if the intention is to simply save just another quarter of a point. Even worst, what if a JV or a full buyout offer is announced with it, then what?

Sorry, but I'm not sure it's worth it. Anyway, just my opinion.

regards,
sycamore