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Gold/Mining/Energy : PIONEER NATURAL RES. (PXD) -- Ignore unavailable to you. Want to Upgrade?

To: George Mc Geary who wrote (161)5/30/1998 1:04:00 AM
From: John Telfer  Read Replies (2) | Respond to of 233
 
On the wires;
DALLAS--(BUSINESS WIRE)--May 29, 1998--Pioneer Natural Resources Company (''Pioneer'')(NYSE:PXD - news;
TSE:PXD. - news) announced today that Arthur L. Smith, a member of the Board of Directors, has resigned as a result of
accepting the position of Chairman and CEO with Torch Energy Advisors Incorporated.

Jon Brumley, Chairman, said, ''Our shareholders and employees are grateful to Art for his faithful service and commitment to
excellence. We wish him success in his new endeavor.''

----------------------------------
News of some some management shakeout and cost saving at PXD.
Look for upside movement in the stock next week.






To: George Mc Geary who wrote (161)6/18/1998 1:29:00 PM
From: Bagladdy  Read Replies (1) | Respond to of 233
 
George,

I got out of PXD at around $39.00 but have kept it on radar for casual monitoring. It is hard for me to grasp what the company has been doing in the face of the current hard times.

Have we waited long enough to classify the current situation as "Blood in the Streets"? Wow, I thought $15.00 was low!

Would welcome your thoughts.

Charles


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