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


To: DRRISK who wrote (9659)4/3/1999 1:21:00 PM
From: Razorbak  Read Replies (1) | Respond to of 11888
 
1997 Run Built on More Than Just Hype?

<<Nonetheless in 1997 it was the highest percentage gaining stock for the year. That run was built on more then just hype.>>

Doc: With all due respect, that's a pretty bold statement which seems to fly in the face of the facts witnessed by many on this thread. Would you or others care to elaborate? The steady stock price erosion from the hype-induced, stratospheric peak above $7/share back down to pre-Kazakhstan levels tells me that many investors out there just aren't buying that story. No offense to you personally. Just my honest opinion. Thanks in advance for your response.

Razor



To: DRRISK who wrote (9659)4/3/1999 3:39:00 PM
From: Taylor Mill  Read Replies (1) | Respond to of 11888
 
DrRisk

>I see an entrepreneur as someone who sees an opportunity and creates
>a business in order to seize that opportunity. GF by that definition
>is an entrepreneur.

Yes, he is; but then the thieves that robbed my house when i was in my 20's saw an opportunity and the mafia bosses have exploited many too. While I can not support my idea of entrepreneurship with a simplistic definition from the dictionary, I assure you that AIPN does not fit my model of an entrpreneurial venture as you originally used the description.

>AIPN searches for OIL and is by that definition a “wildcatter”
>parenthetically Webster's defines wildcatter: as one who drills for
>oil in an area previously considered unproductive.

Likewise I stick with my original rejection of the term "wildcatter" used to describe AIPN; having worked with explorationists my entire career, I think the industry has its own view of whom gets the honorable characterization as a "wildcatter" and who doesn't. Webster's is not where the industry looks for help in deciding who is or isn't worthy. Frankly, I believe no true wildcatter would see GF or his company as worthy of the term. Nor Wall Street. Most wildcatters drill wells -- not just talk about it or make excuses for not doing it. I think there are others from the industry here who would share that view.