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Gold/Mining/Energy : Global Santa Fe (GSF) (formerly Global Marine) -- Ignore unavailable to you. Want to Upgrade?


To: bral who wrote (547)1/7/1998 6:15:00 PM
From: HH  Read Replies (3) | Respond to of 2282
 
I scalped this post off another board.

"Sue Herrrera on CNBC just interviewed Fadel Gheit energy analyst for
Farenstock Co: Gheit thinks that oil prices are nearing or at bottom,
and likewise for the drillers, and that the drillers at these prices
are takeover candidates, and named CDG:OIL:SFR:SGO and said any Co
with a less than 5 billion market cap has a 50% chance for
takeover in 98."

GLM fits this profile. I never heard of this analyst, 50% chance
of takeover is pretty bold. I have studied GLM financials
and they are remarkable. I guess this sustainabilty is the
uncertainty. Looks good to me, so I loaded up today.

HH