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Gold/Mining/Energy : ABC - Abacan Resources, Nigerian Oil $$$ -- Ignore unavailable to you. Want to Upgrade?

To: Sam Lee who wrote (2439)1/30/1999 4:35:00 AM
From: Edward M. Zettlemoyer  Read Replies (1) | Respond to of 3156
 
Sam, I think the reverse split may well be part of a financial package to assure stability. As Zeev suggested, post split activity could put Abacan in the spotlight (ARXA is a good current example of this). I sold my position in ABACF 2 hrs after the news release and currently am backing off until after the implosion and the dust settles. I really don't expect to hear anything positive until after the reverse split, that would only drive the price up and down like a yo-yo. Ed



To: Sam Lee who wrote (2439)1/30/1999 12:34:00 PM
From: michael korizno  Read Replies (1) | Respond to of 3156
 
State street may be stupid-- two years ago abacf was in its top 3 holdings-- also in the top ten were HEC and AKSEF --- thats not a great record for Mr Rice.


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