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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Frank who wrote (10123)	5/28/2002 10:42:48 AM
From: HH	Respond to of 206085

My instink tells me that VTS will rework the merger agreement and announce somtime this week,. One would think that PGS/VTS have a contingency plan pretty well in place given that there had to be expectation that thesale of Atlantis might be nixed. The lack of an announcement of such a contingency plan suggests to me that the meeting in UAE with the parties might still conclude with a sign off. If VTS wanted out, they might have already (or planning) announce their withdrawal. Since they havent announced withdraw yet and each day from here on that they dont announce withdrawal, will confirm their desire.Still an interesting situation. I bought some more this morning. I was lucky to have a low basis and still have some dry powder. HH

To: Frank who wrote (10123)	5/28/2002 5:10:10 PM
From: quehubo	Read Replies (1) \| Respond to of 206085

Frank, like I said before best of luck with PGO. At this point I can say that my often mentioned PDE mania lesson taught me something about my own risk tolerance. Being 125% into a sector is one thing, being very very heavy into one risky stock is another. If PGO hit 8 three months from now, would it be worth the agony of the unknown endured as of today? Of course I am supremely confident in the NG depletion issues putting a strong floor under OSX ~100 and that any penetrations of this floor would be brief. I hope this is not a lesson in the offing for me while I am feeling relieved at not loading up on PGO.

To: Frank who wrote (10123)	5/28/2002 5:14:29 PM
From: Now Shes Blonde	Read Replies (2) \| Respond to of 206085

"Although the Atlantis sale has been delayed and may not be closed before June 30, 2002 when PGO's merger agreement with Veritas expires, Standard & Poor's is not downgrading PGO's ratings today because Veritas has stated publicly that it is considering amending its merger agreement with PGO to exclude the sale of Atlantis as a condition of closing," said Standard & Poor's credit analyst Bruce Schwartz. "In addition, discussions are continuing on the sale of Atlantis," he added. biz.yahoo.com