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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Ditchdigger who wrote (5155)	5/24/1998 8:40:00 PM
From: Sergio H	Read Replies (1) \| Respond to of 29382

Kenny, are you and Zeev commencing to cornicerate? Sergio

To: Ditchdigger who wrote (5155)	5/24/1998 11:31:00 PM
From: Zeev Hed	Respond to of 29382

I am more than 70% cash, I just entered back into Arakis, first a toe wetting position at 1-13/16 (already under water) and on last Thursday at 1-17/32 (barely afloat) with the main load. I think we are getting close to the bottom here. First, I cannot see crude going much lower, second, financing, IMHO will not be particularly dilutive, third I am paying less than 50% of what Price and Lundin have paid. I am still out of technology (just got in and out the same day in CYMI to get my head handed to me (well a very minor loss, but it always hurt to be wrong), I thought it would hold 19, so bought just above and bailed out when it broke. It is laready 10% below my sell and mat go lower. Zeev Zeev