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Gold/Mining/Energy : Texaco (TX) -- Ignore unavailable to you. Want to Upgrade?

To: Simprofié who wrote (129)7/15/2000 10:13:50 AM
From: Robert T. Quasius  Respond to of 143
 
I think TX remains a good takeover candidate, as this sector heats up more. If Peter Bijur doesn't get it, then eventually there will be a hostile offer and TX will be sold. The stock remains undervalued.

I've been buying through the DRIP, and am content to continue to collect a better than average dividend until shareholder value is unlocked.



To: Simprofié who wrote (129)7/15/2000 5:24:09 PM
From: LAWRENCE C.  Read Replies (1) | Respond to of 143
 
Right now I'm down about 9.5% on TX. With projected earnings growth, it's a bargain. I don't understand why the stock isn't going up either. Maybe it's the uncertainty about future oil prices. Earnings growth compared to PE is great. As earnings grow TX's price should improve.
Lucky Lawrence


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