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Gold/Mining/Energy : DALECO RESOURCES ( DLOV ) -- Ignore unavailable to you. Want to Upgrade?


To: BILL G. who wrote (119)2/23/1998 1:53:00 AM
From: TWICK  Respond to of 197
 
Thanks for the vote of confidence. Hope you didn't take it as a negative question ? I just don't want to see my hard earned money go from $1.18 back to $0.18 which usually happens with poorly managed company that go through a reverse split. Another company I'm watching that is going to go through such a split is PLPT (formely known as DLDG).

Regarding oil prices, do you read the posts on the "strickly: drillers and oil services" SI thread ? Some really savvy, experienced folks there. Here's one's post on oil prices. One who's comments and opinions I respect:

Message 3502639

Tom.



To: BILL G. who wrote (119)2/24/1998 9:27:00 AM
From: BAXTERBOO  Read Replies (1) | Respond to of 197
 
Pre-openning 1 1/4.....looked like a nice number for the moment.



To: BILL G. who wrote (119)2/24/1998 9:31:00 PM
From: TWICK  Read Replies (1) | Respond to of 197
 
Bill,

Thanks for the fax. Can you or someone else tell me what the opening price was this morning ? Now that we are at above $1.00, can we keep it there ? Time for some good news (really good news) to get the volume back up to pre-split levels. I'm concerned with today's drop and low volume, especially since the price can not trade below $1.00 for more than 30 days. Otherwise, we're de-listed. At least that's how I read the NASDAQ rules. The drop in oil price is no help either, but I'm expecting it to level off soon. Doubt that the Arab countries want to see it go any lower. OPEC meeting coming up soon. Let's hope for good news from DALECO and OPEC.

Keep your fingers crossed till then and enjoy the ride.