Lundin Oil (LOILY, LOILB Sweden) Message Board

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Gold/Mining/Energy : Lundin Oil (LOILY, LOILB Sweden)

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To: Katherine Tynberg who wrote (465)	1/22/1998 9:18:00 PM
From: Timelord	Read Replies (4) of 2742

Katherine: Spoke to Sophia in IR this afternoon and she confirmed that trading had begun, which was obvious by this afternoon. Neither my Schwab or Waterhouse IRPPF shares have yet been redeemed, even though they were tendered, and I suspect I'm not the only one. This may keep trading volume down until the delay is straightened out. On a brighter note, Sophia confirmed that there will be a road show in mid Febraury, sponsored by Morgan Stanley. They are also expected to initiate coverage with a "Buy" recommendation. This first tour will start in New York, then go to Boston, Houston and possibly Dallas, then overseas to Stockholm, Geneva, Paris, and London. Its good to hear that they are trying to attract some attention, its been a few years since they have been highly covered by the industry. The last analysts report I saw was from Oppenheimer, early last year. Alex

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