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

To: Tomas who wrote (667)	12/16/1999 4:53:00 AM
From: Edward M. Zettlemoyer	Read Replies (1) \| Respond to of 1713

Tomas and all<Mr. Buckee said the company's shares are doing well, compared with other Canadian oil companies. However, he noted that the shares are trading at three times cash flow, compared with the normal rate of five times cash flow.> Wander where a normal multiple of 5 would take us? Lets take Tuesdays price of US$23.25 divide by 3 for a cash flow figure of $7.75 per share, now times 5 equals $38.75. Looks like better days are ahead, meanwhile 4th quarter cash flow should be building some pretty good momentum, time is on our side. Ed