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To: Scott Mc who wrote (342)5/22/2000 11:10:00 PM
From: LLCF  Respond to of 11633
 
<I can't quite understand why the warrants are so cheap, if Oil prices stay firm these units will move up, this leverage is not factored in, in my opinion>

With those huge monthly dividends you lose by holding warrants rather than the common, the amount of all those dividends should be added to the premium in the warrants.

DAK



To: Scott Mc who wrote (342)5/23/2000 6:59:00 PM
From: David Culver  Read Replies (1) | Respond to of 11633
 
Good move on mxt.un perhaps a deal with the banks is coming soon.

dave