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: Wallace Rivers who wrote (52422)	10/5/1999 11:22:00 AM
From: SliderOnTheBlack	Read Replies (2) of 95453

MEXP ALERT ! BUY ALL YOU CAN GET - NOW ! ...with this "caution". Just got a phone call... I mentioned before; I am in the north Central area of Michigan quite often; have friends in Traverse City area - no insider news, not employees and no SEC violation - but expectations are more than very high that the deal is done. Not probable, not likely - but; DONE. I would "strongly assume" MEXP's refi is in the bag - done deal . Out of EEX here - buying $10 & over stocks on margin here - but, will pick up some MEXP - sub $2 3/8ths is a gift this close to announcement imho. We know $2 is eventual support in worst case scenario - hardly a risk. Only limited by volume - liquidity. Wallace - upgrade on eps is no surprise. If you have the cash - buy what you can; but with one caveat - don't expect to be able to unload it all in one day on the refi news...

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