mxp (mesa Inc) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : mxp (mesa Inc)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: George Mc Geary who wrote (259)	4/10/1997 11:15:00 PM
From: Bryan Arnold	of 394

George, It is Bryan and not Bryon. Just wanted to clear that up. I agree with you that they spent ample amounts of time looking at the deal from all of the different angles. But the fact remains that everyone else does not like the deal. Look today, PDP closed down today at 30 7/8(down 1 1/8). Too me, this stock is not responding like it should be. Shouldn't the stock be going up or at least holding somewhere above its price but it is only up a $1 from the day of the announcement. I know that you are going to say that the discount from the implied value of 35(5x7) is just the time factor but I disagree. They are going to close the deal by the end of June (2 months is not that long). I mean the way that the leaders of the companies have been talking about the deal, then it is a forgone conclusion that the deal is going to go through. I mean they are announcing what they are going to do for the next few years and all of that. So wouldn't the street buy that and at least take the stock up somewhere near the implied value. Also, just think about the fact that in the annoucements they made, they quoted a $40.25 a share for PDP. Does not look like it is going to get anywhere near there. Just my thoughts. Bryan

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next