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

To: Juli who wrote (7793)	2/17/1998 9:06:00 PM
From: Zeev Hed	Read Replies (2) \| Respond to of 9164

Juli, yes to the first question (and yes I missed the last nice move from 2.125 to 3, c'est la vie, I did not see it coming). As for GATE, the bollinger bands are narrowing again (as they did prior to the massive move from $.5 when I had my lucky call), but this time, we do not have volume expansion but contraction, thus it is quite likely that if the general semi market turns south here, as I expect, than GATE could break 1 (not 2). Technically speaking, however, it could break either up or down, the critical points are probably closes under 1-7/32 or above 1.5. Zeev