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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: SliderOnTheBlack who wrote (45192)5/21/1999 10:50:00 AM
From: upanddown  Read Replies (5) of 95453
 
Anybody still holding PZE ? Not sure what to do here. I'am reading stuff like this...

As for PennzEnergy shareholders, Gheit characterized the situation as 'very bleak,' since the company fought off an $84 per share all-cash offer from Union Pacific Resources (NYSE:UPR - news) in a battle than ran for months during the summer of 1997. 'Were I a PennzEnergy shareholder I would be furious,' Gheit said. 'If this is not a crime, or a miscarriage of justice, then what is?'

Michael Price and Mario Gabelli are really p#ssed. Maybe Yogi's wisdom applies here and its not over til' its over.

John
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