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To: Wowzer who wrote (3947)9/4/2001 10:31:00 AM
From: ItsAllCyclical  Read Replies (2) | Respond to of 206326
 
So what sort of value was put on AXN's reserves in the deal?

What multiple of cash flow did they go for?

TIA



To: Wowzer who wrote (3947)9/4/2001 12:19:26 PM
From: anyer  Read Replies (2) | Respond to of 206326
 
Rory,

My pleasure. XOI will reverse to the upside with another day like today. OPEC saving its seed corn for good prices defying all the ANALysts. Wish I had listened to Jim about FTO; company just issued upside surprise alert and said they would earn 4.10 this year. Looking to buy TSO; refinery shortage here to stay.

Regards,
Anyer



To: Wowzer who wrote (3947)9/4/2001 2:28:56 PM
From: Tommaso  Respond to of 206326
 
Hi Rory--I had some AXN, too, including some I bought last week.

But let's look to the future. Who is next? AOG? BR? Have you heard of PEL.TO, Purcell Energy? Maybe even APC? I own all of these.