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Gold/Mining/Energy : Nevtah/Tower Oil Intl.- NTAH -- Ignore unavailable to you. Want to Upgrade?

To: Just My Opinion who wrote (2269)	7/14/1998 11:24:00 PM
From: RWS	Respond to of 3817

Bought about 20 thousands shares today to hold for a while. RWS

To: Just My Opinion who wrote (2269)	7/14/1998 11:30:00 PM
From: russn	Respond to of 3817

My thoughts on NTAH 1. Shorts or no shorts, it appears that the company has issued possibly !00% more shares than the 4,000,000 float stated on this thread. This is one of the main reasons the stock is at .13. 2. Canyon, which I have contacted several times as has many on this thread, hypes the stock just short of falsehood. 3. The company it appears is very nonconcerned regarding shareholder concerns. 4. The stripper well technology is in its most infant stages. Longs all hope it works. 5. Perkins projections of the Madagorda Isle well accounts for at best .15 EPS 6. At least one of the hyping analyist, Alertline, has been paid by the NTAH. Who knows what others have received. . 7. The stock has gone from the 50's to the low teens and is still falling. Question: What if everyone on this thread sold? Tipster estimated several months ago that there was one million shares on the thread. If the entire thread sold and If this sent the stock down to x cents, so what. We are all long, correct DD. Buy it back, make a buck. If it goes up, buy it back anyway and assume the tide has turned. I wonder what would happen if the stock went to .04? I have an (apparently meaningless) 55K. IF I get any significant private response I will sell tomorrow. Please look at the FAMH thread and see what the investors are saying about a stock which has gone from .66 to .18. Why do any of us have to be hanging out here with no news other than the excellant and probably well intended guesstimations by several persons on the thread, some paid analyists, and a PR firm? I ask you.......do we have NO leverage regarding NTAH?

To: Just My Opinion who wrote (2269)	7/14/1998 11:32:00 PM
From: R. L. Z.	Read Replies (1) \| Respond to of 3817

A daytrader mentality would have been better with this stock. I've heard so much hype about the great news coming out on Nevtah, the big matagorda oil strike,etc,etc. "These prices in the .30-.40 range are a steal.......this is going up to 2.00 in 1 yr." Yes we've all heard it all here. And I a novice swallowed it hook line and sinker.I now have a mere 1375 shares at an avg. of .336 cents a share. Ok.... listen to this novice. Had I listened to my own convictions instead of the hype I would have sold at around .48 a while back and could have made 660.00 then bought now at .14 cents for a total of 4714 shares instead of the 1375 I now hold. I simply don't understand the so called "long term" hype of holding on. I fail to understand your reasoning. Don't say Daytraders are ruining our stock. Maybe they are the only smart ones. Now we are stuck holding a .14 cent stock hoping they'll strike oil,gas, or sell their stripper tech to OPEC or wherever. I am weary of all the expert analysis that seems to be hyped, biased according to company interests. Does anyone really know what is going on?