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To: Roebear who wrote (48727)8/2/1999 11:52:00 AM
From: ItsAllCyclical  Respond to of 95453
 
Roebear (OT) - Sorry don't really follow OEI so I can't say whether it's a positive or negative. If they're raising cash I'd say it's probably neutral to positive short term.

Based on the technicals, earnings, and refi. announcement due soon, I jumped back into MEXP with both feet. Looking really strong short term...



To: Roebear who wrote (48727)8/2/1999 1:37:00 PM
From: dfloydr  Respond to of 95453
 
OEI : Looks to me as though they are trading a headache (royalty trusts have to be administered and usually involve lots of small investors and piles of accounting costs) for cash on the barrel head today.

Assuming the buyers are paying a fair price, I see this as a smart move.

(Disclosure: I do not own any OEI)


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