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Non-Tech : Abraxas Petroleum (AXAS) -- Ignore unavailable to you. Want to Upgrade?

To: Sidney Reilly who wrote (5)	6/8/1997 3:59:00 PM
From: Doo	Respond to of 67

Can anyone explain to me how analysts seem so bullish on this stock, but the consensus estimate is for a loss of .85 this year. I notice that consensus was for .02 loss last quarter, and they came in with .28. I would appreciate comments.

To: Sidney Reilly who wrote (5)	7/7/1998 8:37:00 AM
From: Robert T. Quasius	Respond to of 67

Analyst upgrade, courtesy of Zacks: RECOMMENDATION CHANGES: AXAS: JOHNSON RICE changed recommendation from Moderate Buy to Strong Buy on 06/26/98

To: Sidney Reilly who wrote (5)	7/11/1998 2:30:00 PM
From: Robert T. Quasius	Respond to of 67

To all: two new sets of earnings estimates. Is anybody else out there? ESTIMATE REVISIONS: AXAS: JEFFERIES & CO. decreased estimate for fiscal year ending 12/98 from $-3.07 to $-3.37 on 07/08/98 AXAS: JEFFERIES & CO. decreased estimate for fiscal year ending 12/99 from $-2.17 to $-2.39 on 07/08/98 AXAS: JEFFERIES & CO. decreased estimate for quarter ending 03/99 from $-0.50 to $-0.53 on 07/08/98 AXAS: JEFFERIES & CO. decreased estimate for quarter ending 06/98 from $-1.00 to $-1.08 on 07/08/98 AXAS: JEFFERIES & CO. decreased estimate for quarter ending 06/99 from $-0.69 to $-0.73 on 07/08/98 AXAS: JEFFERIES & CO. decreased estimate for quarter ending 09/99 from $-0.65 to $-0.71 on 07/08/98 AXAS: JEFFERIES & CO. increased estimate for quarter ending 12/98 from $-0.50 to $-0.48 on 07/08/98 AXAS: JOHNSON RICE increased estimate for fiscal year ending 12/98 from $-4.78 to $-3.48 on 07/09/98 AXAS: JOHNSON RICE increased estimate for fiscal year ending 12/99 from $-2.47 to $-1.75 on 07/09/98 AXAS: JOHNSON RICE increased estimate for quarter ending 09/98 from $-1.64 to $-1.05 on 07/09/98 AXAS: JOHNSON RICE increased estimate for quarter ending 12/98 from $-1.08 to $-0.57 on 07/09/98