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Gold/Mining/Energy : Lundin Oil (LOILY, LOILB Sweden) -- Ignore unavailable to you. Want to Upgrade?

To: Tomas who wrote (2272)	4/11/2001 7:29:09 PM
From: virginijus poshkus	Read Replies (1) \| Respond to of 2742

Thomas, with cash flow moving up and up. I would think 2 things will happen. The stock will move into the $5 range or Lundin will start buying back stock. Based on the prospects and projected revenue in 2002 cash flow could approximate $150mm per year. It would be rational to buy back as much stock as you can at $2 to $3. Right now you can buy 50mm shares for a 100mm. 50mm will be then outstanding. at cash flow of $3 per share we are looking at $6 . Any thoughts PS. very little time these days to discourse, but hope all is well with you. vargas