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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: George Mousis who wrote (1948)	1/13/1997 1:14:00 PM
From: Kerm Yerman	of 24923

George / Morrison Petroleums I agree with you, Morrison Petroleums is getting their financial house in order and by June I expected shares to increase by 50% from year beginning share price. I will say it again, Morrison is very attractive at current price levels. As for reasons why, I won't expand upon them for I have listed these reasons over past month. I know you've seen them -- but, for those of you who haven't, please check back thru recent postings. Now I see where Canadian 88 Energy is after Morrison. Don't be surprised to see others coming in on the scene in the bidding process. Canadian Energy 88's offer would be a steal. I don't see anything happening as a result of this offering. Don't be surprised if EEE ups bid once Morrison replies. I'm confident it will be rejected by management. We'll know in a few days.

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