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.

Gold/Mining/Energy : American International Petroleum Corp -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (9551)	3/6/1999 12:37:00 PM
From: DRRISK	Read Replies (1) \| Respond to of 11888

Zeev, The company has from my understanding a deal that is pending to be sold through CSFB that would cover all needs. It is a high yield debt deal that would be sold into the next weeks. This is strictly a FWIW IMHO rumor. This deal has been speculated about for months and the reason I post it now is that I feel there is a very good chance of them getting it done on the basis of the high yield market having recovered nicely from the end of 1998 when this rumored financing first surfaced. A deal of this nature believed to be in the $40-$100 million range could significantly change the Street's perception of the company and if GF stepped DOWN concurrently and let a real OIL man take over we could see some upward pressure for a change. FWIW which has been very little lately. The MM's are playing with the 15/16 - $1.00 support and scooping up weak hands and Hunt shorting. DrRisk have a nice day