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


To: Tommaso who wrote (1078)9/25/2000 1:06:32 PM
From: LARRY LARSON  Respond to of 1713
 
Hi Kids-

From the Stockhouse board:

Also in the oil patch, the board of directors of Talisman [T.TLM] met on Wednesday in Aberdeen, Scotland, headquarters of the company's North Sea operations. One broker thinks the board will announce a buyback to boost the share's price (the company currently has an ongoing normal course issuer bid for 5% of the stock). Shares of Talisman closed at $51.80 on Friday, showing a decline for the fourth day in a row.

stockhouse.ca



To: Tommaso who wrote (1078)9/25/2000 1:39:13 PM
From: Zeev Hed  Read Replies (1) | Respond to of 1713
 
Tomasso, I believe that the market is saying that we have seen a peak in crude price and while on the basis of future earnings, it is cheap, next year comparison of results to this year may not be as rosy as this years comparison to last. I expect the stock to drift to the high $20' before it builds a new base, and yes, it will be an outrageous bargain there.

Zeev

irrevolute.iuma.com