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Gold/Mining/Energy : Canadian Oil & Gas Companies -- Ignore unavailable to you. Want to Upgrade?


To: JayPC who wrote (7930)2/1/2001 11:32:34 PM
From: steve  Read Replies (1) | Respond to of 24933
 
It makes sense that there has to be a lot of takeovers coming up soon. The larger companies are rolling in cash. Watch for HTR's report tomorrow as an indication. It should come in a lot better than most analyst's expect. BKP is in play now and there are very few mid-caps left to be taken out--probably ENL, GEX and CYZ.a.
It looks like ENL is next, as you point out, with the high volume run to a new high of 10.90. The move up yesterday came with crashing NG prices so something seems to be up. What do you think might be a likely takeover price?
I am thinking 13 or 14.