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Gold/Mining/Energy : XTO: Cross Timbers Oil Co. -- Ignore unavailable to you. Want to Upgrade?

To: Robert T. Quasius who wrote (4)	5/8/2001 10:40:43 PM
From: Glenn Petersen	Read Replies (1) \| Respond to of 28

I do not currently own XTO but I am in agreement that it is an excellent acquisition candidate. Once Bush formally announces his energy policy I think that a lot of traders will be focusing more attention on the sector. I also think that we will see a frenzy of consolidation this summer. My favorite energy stock is HP, which is looking to eventually spin off its E&P assets. Some of the more offbeat E&P companies might merit some attention, particularly WZR and EQTY. The management of EQTY does not have a large position in the company and two outsiders have acquired significant positions over the last year. A good chunk of EQTY's NG reserves are in California: energyintel.com