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

To: Zeev Hed who wrote (2567)	3/11/1999 12:06:00 AM
From: Sam Lee	Read Replies (2) \| Respond to of 3156

I have not sold any. Just bought a little more. Hope and hold strategy. Fairy tales can come true. They can happen to you. Me, I just figured that I'd rather be sorry for something I did than something that I didn't do. It is ok to be born in the dark as long as it wasn't last night. Just ask sometime poster C. Lee. He is a guy who knows. Getting close to 3/29, folks. Time to lock and load.

To: Zeev Hed who wrote (2567)	3/11/1999 12:17:00 AM
From: FoxyLoxy	Read Replies (1) \| Respond to of 3156

To those that do not "believe" FoxyLoxy or those that felt things needed to be "said" - good luck. When the stock was $1, you all thought I was crazy and told me I was missing the picture, now you all have doubled and tripled-down and are praying the stock will go up to $.50 so you can minimize your losses.... With your monies tied-up in Abacan, some of you may have missed out on a little rally in the oils this past week. It may turn-out to be a dead cat bounce, but profits have been offered up and were there to be had. Some stocks up as much as 20% in a week. Heck, you could take your profit after the week and wait on the sidelines for a year and still record a fabulous return for the year. Or you could throw good money after bad and pray for the Hail Mary of finance, unfortunately, Flutie is not the QB. I suggest you not try and read too much into Abacan's recent announcement. They just changed the menu to meet their filing date. (I do not remember who, but someone eloquently dismissed any thoughts of grandeur.) Mr. Craig summed up their quandry nicely. Damned if they do, and damned if they don't. Probably because they are damned. As far as moving their office, who knows how much they paid in rent before and how much they pay now - maybe they are saving money. I doubt they could sign much of a lease with their balance sheet. They have likely laid-off much of their staff, and those that did not get laid-off likely have found other employment or are looking now. Why would anyone stay there with options way out of the money, no funds (and no real prospect for funds) and a project going nowhere. What do the people do everyday to amuse themselves? They only really need Stephens and a receptionist (maybe just a part time receptionist.) It must be a living hell of boredom at that office. FoxyLoxy