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Gold/Mining/Energy : first star energy FST on the ASE -- Ignore unavailable to you. Want to Upgrade?


To: kingfisher who wrote (377)5/1/1998 3:01:00 PM
From: viper  Read Replies (1) | Respond to of 754
 
I am simply doing alot of DD on the play. I can tell you this... I will be back to say "I told you so" somewhere in the $4.00-$10.00 range on the FST. Hopefully yopu won't mind my gloating.



To: kingfisher who wrote (377)5/1/1998 3:07:00 PM
From: viper  Respond to of 754
 
By the way, Apache is listed on the N.Y.S.E. under the symbol APA and trades at around $36.00 USD per share. They are a multi-billion dollar O&G co. that would not mess around with a tight hole status without cause.



To: kingfisher who wrote (377)5/1/1998 3:32:00 PM
From: viper  Read Replies (2) | Respond to of 754
 
Considering the free trading float and net percentages on the wells
FST would likely be the primary take-out candidate..which could cause an imbalance on the eventual valuation...higher than the rest.