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Gold/Mining/Energy : TLM.TSE Talisman Energy -- Ignore unavailable to you. Want to Upgrade?


To: Todd R. Levine who wrote (631)12/2/1999 11:26:00 PM
From: Aggie  Read Replies (2) | Respond to of 1713
 
Todd, hello

My guess would be that Talisman is suffering from a lack of confidence in the marketplace right now, but that they will weather the storm. I find it interesting that the stock began its slide in September, some time before the political furor began.

There is considerable uncertainty now both in the Sudan and in Indonesia, two places where Talisman has considerable production concerns.

I'm holding long, myself. I think 4Q earnings will be substantial for Talisman, and that uncertainties in Indonesia will begin to abate. As for the Sudan, this tug of war will not resolve itself for another 2 quarters at least, in my opinion. However, I do believe that the findings of the investigation will be positive for Talisman and that the clamor will run its political course in the near term.

The stock seems to lend itself to E-Wave patterning - any E-Wavers out there care to comment?

Regards.

Aggie