Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : MTEI - Mountain Energy - No BASHING Allowed -- Ignore unavailable to you. Want to Upgrade?

To: sandstuff who wrote (5296)	7/15/1998 11:28:00 AM
From: EubieV	Respond to of 11684

NEW YORK (CBS.MW) -- August crude oil rose 2.1 percent Wednesday morning following a bullish weekly supply report from the American Petroleum Institute. Late Tuesday, the API reported a 6.3 million-barrel decline in U.S. crude oil stocks, much higher than analysts expectations. Analysts attribute the sharp decrease to production cuts by Organization of Petroleum Exporting Countries, which began July 1. Oil products were mixed, however, as the API reported a rise of 1.4 million barrels in distillate oil stocks, which includes heating oil and a rise of 2.8 million barrels in motor gasoline stocks.On the New York Mercantile Exchange, August crude oil rose 31 cents to $14.86 a barrel, August heating oil rose 0.49 cents to 39.35 cents a gallon, while August unleaded gasoline fell 0.55 cents to 47.45 cents a gallon.

To: sandstuff who wrote (5296)	7/15/1998 11:34:00 AM
From: V$gas.Com	Read Replies (2) \| Respond to of 11684

One thing Sandstuff, from what I got from the meeting, they are capable of pulling the trigger at any time. I believe that a lot of the day traders are most likely going to miss out on something. I would be afraid of selling anything at this point. You just might miss it. Regards, Bob

To: sandstuff who wrote (5296)	7/15/1998 3:42:00 PM
From: Tod C	Respond to of 11684

MTEI is doing the right thing and following their plan. Right now they have so many prospective deals they are trying to wade through them all to select the best ones (i.e. risk-reward). What it boils down to is evaluation and the experience that MTEI management has gives them an advantage in evaluation. Their offices were plush but not lavish. Their location is in a respectable neighborhood. I feel comforatble in our investment and it will only take some time. However, if you want to buy a stock less than .40 that could and probably will turn out better than TMG (AMEX-$15), MTEI is the one. Think about it, TMG started with less assets and bought their assets when O&G was higher in price. Tod