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Microcap & Penny Stocks : OILEX (OLEX) -- Ignore unavailable to you. Want to Upgrade?

To: Brezlin who wrote (2995)	3/21/1998 1:25:00 AM
From: Steven Taylor	Read Replies (1) \| Respond to of 4276

Opinion Don't really know if insider trading was done or not. Barons post was before the news announcement so it does look funny. But it seems to me from the last posts after the announcement that no one has commented to much on the talks. The earlier news release from CAYC is what kept me in this stock. An oil company does not try to acquire another oil company or increase its holdings without a good reason. They increase for one reason, potential reserves in the other companies leasehold lands. They look at long term rewards not immediate. General payout from drilling and completion costs average around 1 to 1 1/2 years so you are looking at reserves, not what it makes on the first day of production. Olex must have something that CAYC thinks is valuable and it's not the management. I'm not hyping this stock in any way. Don't believe in B. S. ing people. What I'm curious about is what relationship does the Board of CAYC have with OLEX. If anyone has an answer, I would like to know. Just trying to get some opinions of the talks. SteveT