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Gold/Mining/Energy : Orbit Oil and Gas (t.orb) -- Ignore unavailable to you. Want to Upgrade?


To: Anthony Wong who wrote (170)1/7/1998 11:44:00 AM
From: Tommy D  Respond to of 171
 
Well, we got our increased offer but didn't get to $2.00. The drop in oil and gas prices in the past 2 weeks sure didn't help things. Turns out that I did best on the stock I initially sold into the market after the deal was announced. The good news, I believe there will be much more merger activity in 1998. Many companies will use the drop in market value to their advantage and the exploration program will be on the TSE or the ASE.

Regards TommyD