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Gold/Mining/Energy : Commonwealth Energy Corp. (CWY.ASE) -- Ignore unavailable to you. Want to Upgrade?

To: Leigh McBain who wrote (44)	1/13/1999 4:47:00 PM
From: Colt	Read Replies (2) \| Respond to of 242

Borrowed this from another message board. Can anyone shed some light on his/her comments....... Yes, I know oil isn't a great sector to be in at the minute however this company is having some very interesting developments. They are using state of the art technology to intersect the exact locations for their oil exploration. Commonwealth Energy - is poised to take off very shortly as their reserves and recent funding, make these price levels very attractive to investors. They have properties through-out the states, and can profit at these oil prices. A large firm will be moving in to accumulate the stock very shortly, which will bring exposure and volume into this play, not to mention price appreciation. There are only 3,000,000 shares in the public float, the rest are tied up by company insiders. Anyone else following this great prospect, I have been told it could be the next Ultra Petroleum. Oilman