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To: oilmaster who wrote (1)11/10/1998 2:43:00 PM
From: oilmaster  Respond to of 15
 
3rd quarter results
Lost another 1.2m this quarter

Oilmaster



To: oilmaster who wrote (1)12/4/1998 4:10:00 PM
From: Michael M. Cubrilo  Read Replies (1) | Respond to of 15
 
Nope, new 52 week low of $1.20 today! I am surprised at how oversold this issue is, IMO. Especially after a major share deal with a US investment firm which saw a huge influx of capital for $2.00 shares. I was almost a buyer at $2.00, but am glad I held off.

However, I could hold off no longer, and was a buyer today at $1.35. My interest was peeked by a 830,000 share trade by Newcrest Capital. Something is up... Hmmm... anyone know what that block trade was all about?

Mike