SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: Roebear who wrote (72337)9/5/2000 4:11:59 PM
From: jim_p  Read Replies (1) | Respond to of 95453
 
Lots of companies broke their 52 week highs today. TBDI, OEI, APA, DNR, HOFF, SFY, and TESOF to name a few.

Jim



To: Roebear who wrote (72337)9/5/2000 5:36:21 PM
From: isopatch  Read Replies (2) | Respond to of 95453
 
Roebear. Volume still on the low side in GRL.

siliconinvestor.com

Hope that big offshore well comes in for them. Am just not as sure of the tape on this one as I was with ESNJ 10 days ago.

IR stated they will report on the well this week so we should know any day now...

Isopatch



To: Roebear who wrote (72337)9/5/2000 6:33:23 PM
From: Richard Saunders  Respond to of 95453
 
Calgary, Alberta meet St. Petersburg, Florida
(Raymond James Financial is buying cdn. Goepel McDermid brokerage which in the past has had some successes with emerging cdn. o&g situations.)

newswire.ca
=-=-=-=--=

Goepel McDermid to join forces with major U.S. independent financial services firm


TORONTO and VANCOUVER, Sept. 5 /CNW/ - Goepel McDermid Inc. announced
today it has signed a letter of intent with Raymond James Financial, Inc., a
leading independent financial services firm based in the U.S., providing for
the acquisition of Goepel McDermid by Raymond James Financial.
Kenneth A. Shields, Goepel McDermid's President and CEO, noted he first
met Raymond James Financial Chairman & CEO, Tom A. James in 1998, and the two
have considered the prospect of an alliance since that time. "Our firms are
remarkably similar - we share a dedication to client service and are both
firmly committed to the autonomy of our people," said Mr. Shields. "By joining
forces with this strong U.S. leader, our clients will have direct access to an
expanded range of products and services. In addition, our people will enjoy
the same entrepreneurial atmosphere we've always encouraged."
Shields emphasized that Raymond James Financial's core businesses ideally
complement those areas in which Goepel McDermid Inc. has been enjoying rapid
growth. "We have a unique opportunity ahead of us," noted Ken Shields. "We
look forward to captures an important share of the Canadian market over the
next few years."
James added, "We are delighted to be entering the Canadian market and
believe Goepel McDermid is capable of delivering on the profitability and
growth targets we've traditionally achieved in the U.S." Raymond James
Financial is known for its personal financial planning expertise through a
network of over 4,400 Financial Advisors. Goepel McDermid and Raymond James
Financial will provide a significant advantage for private investors seeking
the independent investment dealer alternative for wealth management services.
As a 100% employee-owned investment dealer, Goepel McDermid shareholders
will become shareholders in Raymond James Financial, whose shares are listed
on the New York Stock Exchange. Currently, Raymond James Financial employees
hold an interest of approximately 45% of the outstanding shares. Both
companies cite employee equity participation as a key aspect of their strong
independent-minded culture.
The transaction, subject, to the execution of definitive agreements and
shareholder and regulatory approvals, has a targeted closing date during the
fourth calendar quarter. The transaction is valued in excess of Cdn$125
million.

Goepel McDermid Inc.
--------------------
Goepel McDermid is an employee-owned, full service investment dealer with
its head office located in Vancouver, B.C. With 25 locations across Canada and
over 750 employees, the firm has provides services to over 60,000 clients
including private investors, corporations, institutions. The company is 100%
owned and operated by its employees.

Raymond James Financial, Inc.
-----------------------------
Raymond James Financial, Inc. includes two wholly owned investment firms,
Raymond James & Associates and Raymond James Financial Services. Through a
network of over 4,400 Financial Advisors located in over 1,800 offices
throughout the U.S. & overseas, they provide financial services to
individuals, corporations and municipalities. The company has assets under
administration in excess of U.S.$90 billion and reported revenues for nine
month period ending June 30 of U.S.$1.26 billion. Its international head
quarters is in St. Petersburg, Florida, Raymond James Financial, Inc. trades
on the New York Stock Exchange under symbol RJF.

-30-

For further information: In Vancouver, B.C.: Michelle Rupp, tel. (604)
659-8326, e-mail: michelle.rupp@goepel.mcdermid.com; In St. Petersburg,
Florida: Larry Silver, 1-800-248-8863, Ext. 35320, e-mail
lsilver@market.rjf.com