Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Winkman777 who wrote (46002)	6/7/1999 3:49:00 PM
From: Douglas V. Fant	Read Replies (1) of 95453

Winkman777, A blurb on RD trading today.... RD -- Mjr Int Oil & Gas -- Basic Materials 07-Jun-99 13:50:27 Royal Dutch Petroleum is seeing a positive response to recent analyst meetings it hosted in London. Earlier today Prudential upgraded the stock to "Accumulate" while DLJ lifted its rating to "Buy." Reuters is reporting that there is speculation that Royal Dutch may acquire BG PLC BRG). The stock's rise is also being aided by strong gains in the price of crude oil. Block trading is running strong, accounting for 41% of total volume and institutional traders are dominating today's session. The pre-trade Super Messages show that institutional brokers continue to bid for blocks for stock. While there are a few super sell messages sprinkled throughout the session, there has not been enough interest to rival the buy interest. PS- You probably already know that your name means "storekeeper" or "shopkeeper" in low German and Dutch....

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