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: Razorbak who wrote (50969)	9/12/1999 12:39:00 AM
From: CpsOmis	Read Replies (1) of 95453

RE: EGEO As long as we are talking about bankrupt/hurting companies Sarge, EGEO looks like it may be "in play" sometime soon. If I am not mistaken, they need to make a 5 million dollar debt payment, I think by the 15th. There is a lot of speculation going on over at the Yahoo board about a possible buyout from VTS. Anyway, news about making or not making the debt pmt will be coming very shortly, it would seem. Would also tend to shed light on a buyout, perhaps. (The only scenario where the shareholders will see anything, I think) I picked up 2000 "zero cost shares" as slider likes to call them after a quick run it made a while back. Wonder what some of our experts opinions are on how this might play out, short term, with news coming....... Might be good for a quick speculative pop on buyout rumors, or go to the basement if they miss there pmt. (In penny stock land now........) Opinions? CpsOmis

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