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


To: Mary McGee who wrote (10203)5/18/1999 11:51:00 PM
From: Razorbak  Respond to of 11888
 
Joyce,

<<Not going to reply to previous posts..>>

That's a shame, but also quite telling. Thanks for the honest reply.

<<please remember..this board is read by potential investors/lurkers>>

You betcha! ;^)

Razor



To: Mary McGee who wrote (10203)5/19/1999 12:05:00 AM
From: Taylor Mill  Read Replies (1) | Respond to of 11888
 
Mary

You say:

" please remember..this board is read by potential investors/lurkers.."

Just curious --- do you mean that therefore there should be no debate about issues affecting the company? Do you think potential investors should not be allowed to see discussion such as "What is the significance that the company is not running their refinery because they can buy asphalt cheaper than they can manufacture it?

I actually think that the state of "denial" is merely the preferred coping mechanism for certain "investors" who are shocked by the new 10Q so badly that they just don't know how to respond to it. :-)



To: Mary McGee who wrote (10203)5/19/1999 12:15:00 AM
From: DEER HUNTER  Respond to of 11888
 
tell em Mary...you've mentioned a few times that this stock is risky and that it has proven disappointing. Well daaaaa.... anyone who has been long knows this...been there done that. They just want to justify their HUGE short positions.... so what? Who cares? I don't....I hope everyone makes money....I don't wish bad things on knowone...not ever. But here I go again.... rambling and it's past my beddy-bye time.... gotta get my beauty sleep you know? See ya all on the next turn of events.

deer



To: Mary McGee who wrote (10203)5/19/1999 12:47:00 AM
From: Razorbak  Read Replies (2) | Respond to of 11888
 
Dr. Elizabeth Kubler-Ross

Joyce, have you ever heard of Dr. Elizabeth Kubler-Ross? I'm sure the Doc has. Well, she wrote a book called "On Death and Dying" (Touchstone, New York, ©1969), and she is world-renowned for having identified the emotional stages that people go through after suffering a grave personal loss.

In my industry, turnaround practitioners believe that Kubler-Ross' work can be very useful in understanding the pathway of corporate decline. The turnaround industry adaptation of Kubler-Ross' five "stages of grief" goes something like this...

First comes denial: "My company's not in trouble." Then comes anger: "I can't believe my vendors are going to put me on C.O.D. status. I've been buying on credit for 37 years. I'm only 90 days late with payment. What's the big deal?" The third stage is bargaining: "If only my banker would loan me $1 million, all my problems would be solved." Next, managers show signs of depression, coming in late, leaving early, and generally withdrawing. Finally comes acceptance, which is usually when they first ask for help.

Unfortunately, most people running financially distressed companies never get to the acceptance stage. Either their debtors step in, or they reach bankruptcy first.

Where do you think AIPN fits into this process, if at all?

Thanks in advance for your response.

Razor