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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Freedom Fighter who wrote (97771)	11/10/2002 6:25:31 PM
From: Joan Osland Graffius	Respond to of 132070

Wayne, Thanks - will look at Novartis and Nestles and see what the balance sheets look like these days. If I buy anything it is going to be at a deep discount. The European markets have been hammered and there should be some values somewhere. I am looking at Statoil STO, right now. I have not completed my DD but so far it looks a little expensive as I am using a 20% discount because there is not a long history of the companies performance available. Their assets are great. I am communicating with the IR department as the company is so new they have not got all their policies in place, like dividends, etc. If oil prices get hammered like in 1998 it will be on my list for consideration.