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Microcap & Penny Stocks : OILEX (OLEX) -- Ignore unavailable to you. Want to Upgrade?


To: Marty Rubin who wrote (3825)8/7/1998 11:14:00 PM
From: CHRISTINE  Read Replies (2) | Respond to of 4276
 
Post from AOL.

Subject: The way I see it
Date: Fri, Aug 7, 1998 15:39 EDT

Within 90 days Oilex will be at breakeven.

Within six months Oilex will generate a positive cash flow, with oill at $12 per barrel.

When the price of oil goes up above $14 per barrel Oilex will be profitable with close
to 2 cents per share per year. Each increase of $1 per barrel will increase net profits
by one cent per share per year. Thus when oil is at $15 per barrel Oilex will be earning
three cents per share and at $16 per barrel Oilex will be earning four cents per share.

The employees of Oilex are now motivated and know the company is here to stay.