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Strategies & Market Trends : Rande Is . . . HOME

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To: Rande Is who wrote (11296)	8/27/1999 10:49:00 AM
From: Kanetsu	Read Replies (1) of 57584

Rande, FWIW I like Oxy here, actually I've liked it ever since reading about the suit with Chevron. Seems like a no brainer for Chevron to buy Oxy, fundamentally Oxy is undervalued because their management sucks, I think the shareholders will now be clamoring for them to make the deal with Chevron. Options in OXY have very little time value. Seems to me like a low risk play with the a good chance of a 30% return before year's end (higher % with options of course.) Here's the link, sorry for posting a boring oil play, but I've been waiting for this news since March.

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