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Gold/Mining/Energy : Westrend Natural Gas - I.D.E. Hot Stock

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To: R. Walsh who wrote (1670)10/7/1998 2:12:00 PM
From: Leigh McBain  Read Replies (1) of 2011
 
One piece of info to add to the discussion is a collapse of Skytex's share price today. Do we think that the sale of Taylor has maybe been terminated?? That was the first thing that came to mind. Could also just be investors making the assumption that Taylor will not be sold given that we are starting to hear some good news out of them again. That would be good for WRN share price and bad for Skytex, which as we can see is exactly what's happening.

For those that believe in conspiracy theories, here's one for you:

WRN shares are very low, make it look like Taylor is being kept and doing good business, sell into the upswing. Drive the Skytex shares down by making it look like the Taylor package isn't going to happen and be a buyer on that side. Do the Taylor deal between WRN and Skytex and reap the rewards of some very cheap Skytex stock. Viable?? Discussion??

I am NOT saying that this is happening, but makes for good James Bond speculation.

Salut,
Leigh McBain
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