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Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread -- Ignore unavailable to you. Want to Upgrade?

To: Wally Mastroly who wrote (1207)	5/27/2001 10:11:10 AM
From: Boca_PETE	Read Replies (1) \| Respond to of 10065

5-28 BARRONS (Page 19) BIGHT PROSPECTS for CHV-TX Great article about the benefits of Chevron's acquisition of Texaco which seem to be under-appreciated in their stock prices thus far. The article makes the case that Chevron's valuation is compelling.. It asserts the combined CHV-TX could be as efficient as ExxonMobil and could command a comparable P/E multiple. It says combined CHV-TX income should jump substantially in 2002 from the pre-merger estimates for 2001. I remember reading in the merger announcement about an impressive $1.2 billion in estimated savings from the combination. texaco.com. P