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Gold/Mining/Energy : American International Petroleum Corp -- Ignore unavailable to you. Want to Upgrade?

To: T-Lo Greens who wrote (7597)	3/3/1998 12:46:00 PM
From: sand wedge	Read Replies (1) \| Respond to of 11888

drrisk....it is a nice move but can't seem to get above 4. I'll share your excitement when and if it hits 6. Thats the real ceiling IMO

To: T-Lo Greens who wrote (7597)	3/3/1998 1:00:00 PM
From: DRRISK	Read Replies (1) \| Respond to of 11888

Yes you bet. DrRisk

To: T-Lo Greens who wrote (7597)	3/3/1998 8:18:00 PM
From: Sycamore	Read Replies (1) \| Respond to of 11888

Tony, IMO, if the Chikuduk number turned out to be as good as many of us "longs" have speculated, we may see a doubling of the AIPN share price soon, then to double digits as the likelihood of a more lucrative JV becomes more imminent, shortly after. Also, with an enhanced business prospect at hand, I suspect that a reiteration of an analyst buy or even an upgrade recommendation is a real possibility. Added to that the likelihood of an additional coverage from a reputable brokerage firm in the likes of Alex Brown, etc, folks, the future looks bright! Anyway, if this trend continues and 7/32 or 5/32 is added to the stock price each day, we'll probably be at $6.00-8.00 range before we know it. Just hope that it's accompanied with a decent volume each time. With half a million trades or better per day at least. Well..let's keep our fingers crossed. regards, sycamore P.S. Just reminding everyone of the prediction below. Robert M. Cohen Upgrades American International Petroleum; Analyst Hikes Rating to Buy Following Kazakstan Deal PR Newswire, Monday, November 24, 1997 at 13:25 GREAT NECK, N.Y., Nov. 24 /PRNewswire/ -- Robert M. Cohen & Co. analyst Keith R. Bossey upgraded his rating on American International Petroleum (NASDAQ:AIPN) and shortened his $10 per share price target to six months following the company's announcement today that it signed an operational agreement with the Kazakstan government. Bossey noted, "This, we feel, is the first of a number of announcements that should make clearer AIPN's potential in the oil rich nation of Kazakstan." The signing of the government contract is a critical milestone for AIPN as any possible venture partner has all or most of the information needed for making an offer to the company, according to Bossey. In fact, the company has stated that no less than six majors are currently reviewing the company's data. "In our opinion, an agreement with an industry major could occur in a three to six month time frame," he added. Bossey concluded that in light of these recent developments "some" of the risks have been removed from an investment in AIPN stock. Many of the issues being discussed over the last few months have been finalized as the company has continued to remove any potential roadblocks standing in the way of the signing of an industry partner. SOURCE Robert M. Cohen & Co. -0- 11/24/97 /CONTACT: Keith R. Bossey of Robert M. Cohen & Co., 516-829-7910/ Companies or Securities discussed in this article: Symbol Name NASDAQ:AIPN American Intl Pete Corp