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PENNYPRINCE 1

03/04/05 3:41 PM

#366091 RE: Zeev Hed #366084

Zeev any comments on the map and where this run ends? Level and week two or three?
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punkle

03/04/05 4:41 PM

#366124 RE: Zeev Hed #366084

They received a bunch of money through a private placement which I did not participate in but others that you know such as Aloha did (he also participated in ROOTS).

It is a speculative play. Do they find oil or don't they?

If they do, it should pop. I plan on holding for quite a while if they do. I'm looking for a big multiple from these levels. Bought most of mine in the .70s - I believe the Private Placement was around .50 - .60.