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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: James R. who wrote (5050)	5/6/1998 12:19:00 PM
From: Kerm Yerman	Read Replies (2) of 24921

James / Imperial Oil As far as what happens after a stock split -- is and has been a debate for some time. Many view Imperial Oil as being overvalued. Combine that factor with a negative market environment, I would guess shares will drift downward. That's a short term outlook. If I had shares in the company, I would continue to hold for longer term appreciation. If I was accumulating shares for the long term, I would pause for awhile - until oil its $18.00/bbl. That will stop any near term downward movement in share price. Imperial is a great company to be invested in for the longer term. Just one man's opinion

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