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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Crimson Ghost who wrote (47097)	6/30/1999 11:04:00 AM
From: ChanceIs	Respond to of 95453

June 29, 1999 11:31 p.m. EDT - The two largest oil companies in Latin America, Petroleos de Venezuela S.A. and Brazil's Petrobras, on Tuesday signed a letter of intent paving the way toward establishing a joint company. nandotimes.com

To: Crimson Ghost who wrote (47097)	6/30/1999 11:04:00 AM
From: Wowzer	Read Replies (1) \| Respond to of 95453

HOFF looks good at 7 especially with GLBL moving up a buck. Went long at 7. Rory

To: Crimson Ghost who wrote (47097)	6/30/1999 11:20:00 AM
From: ItsAllCyclical	Read Replies (1) \| Respond to of 95453

Looking at those E&P's again, I'm surprised I overlooked EEX. Just established a position. Other than MEXP, it appears to be the best of the group mentioned in the previous posts. Anything particular negative that doesn't show on the quick analysis? Also, anybody else buying EGEO at 1 or less. If so what's your near term target or catalyst for moving the stock. They're next payment is due July 20th with a 20 day grace period. So we'll know pretty soon what sort of financing they'll be doing. As long as it's not a dilutive secondary I'd say EGEO should pop back to 2-3.