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Gold/Mining/Energy : Alpine Oil Services ASL TSE -- Ignore unavailable to you. Want to Upgrade?


To: Rick Thomas who wrote (271)4/2/1998 11:38:00 PM
From: Gerry  Read Replies (2) | Respond to of 896
 
Hi Rick, Patience is the key to stock market investing, and so is quality. I have been with Alpine since 1996 when they briefly broke through the $2 barrier.
Since then I have added to as low as $.66 to the point that ASL is a major holding for me.
Perhaps the most frustrating part for me with this investment is the fact that even a banner year did not produce a significant return
on this sizable investment. With the possible decline in oil services requirements can I look forward to another 3 years of stagnant stock price
performance? Only time will tell. From my previous comments on this thread, my position in this stock is long term.
Management will however have to deal with certain operational and geographical imbalances for the investment community by large
to take a serious interest in this company.

Regards Gerald