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Gold/Mining/Energy : Canadian Oil & Gas Companies
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To: Kerm Yerman who wrote (5232)7/10/1998 11:41:00 AM
From: Doug  Read Replies (1) of 24898
 
Kerm /Northstar : Many thanks for that very professional appraisal of the takeover of NEN by DVN and a concise statement of the implications going forward.

I personally thought DVN got a good deal. Earlier (1996) during the Morrison take over by NEN, NEN was valued at $13 CDN. Two yrs out the value dropped to $11.80.

Based on that and your rec., I shall cash out and try again. My 2 pans at the moment are PCP and CNQ. My TLM AEC and AXL have all survived this far.

Regards.
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