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To: SliderOnTheBlack who wrote (63668)4/3/2000 10:41:00 AM
From: Think4Yourself  Read Replies (2) | Respond to of 95453
 
Slider, you misinterpretted my point. If negotiations are ongoing, and take a few more weeks, VPI's share price could easily be in the high 20's. That could make the economics of any deal less favorable, especially if cash or debt are involved. We are talking about a 50% increase in market cap in one month. If a merger is going to occur it needs to be finalized before VPI releases earnings (IMHO)

Regarding your "think first/post later" comment...



To: SliderOnTheBlack who wrote (63668)4/3/2000 11:14:00 AM
From: Think4Yourself  Read Replies (2) | Respond to of 95453
 
Oh, I tried but I just can't resist.

Regarding "the street"...

While it is true that "the street" controls a great deal of other people's money, they have clearly demonstrated that they have no idea what is going on in this industry. the people who have made the most money in the past year and a half have usually done the opposite of what "The street" has done.

Now these bozos are shorting a large profitable EnP making an accretive purchase, in the beginning of a secular bull energy market, where their products are expected to be in high demand (especially NG). If that IS what is happening then I rest my case, which is that "The street" is incompetant!! I have already done very well with the UPR I bought this morning.



To: SliderOnTheBlack who wrote (63668)4/3/2000 11:45:00 AM
From: ItsAllCyclical  Read Replies (1) | Respond to of 95453
 
Adding PGO calls today. Can't say away from options I guess. The May 15, 17.5's look too good if you assume that PGO will spike back to 20-21 or more likely still retest 24-25 by May 19th.