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

To: Sycamore who wrote (8675)	5/29/1998 6:43:00 PM
From: Daniel P. Dwyer	Read Replies (1) \| Respond to of 11888

According to Bouhafa, this is the last week in which the Hunts could lock in their strike price for the $12 M note as well as for the remaining debs. Thus, there is no further reason for the Hunts to try to manipulate this stock down. There may be an upward bias to the stock going forward if we don't have a shooting war on the Asian subcontinent. Then, between now and Jun 29, when the shareholders meeting occurs, you can expect upbeat news on St. Charles, possible closure on the Russian wells (although I don't know that that is such a great deal considering what's going on over there), and news on the remaining two features at Chikuduk, not to mention JV. So we wait for the good news to unfold, and hope everyone who has a nuclear trigger constrain themselves. I think only the macro issues can derail this company now. Dan Dwyer