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

To: stanley new who wrote (718)5/3/1998 1:04:00 PM
From: Greg Jenkins  Read Replies (1) | Respond to of 2282
 
Sorry for the typo. The target price is $40 per share.

Greg J.



To: stanley new who wrote (718)5/4/1998 8:25:00 AM
From: Craig Schilling  Respond to of 2282
 
Stan,

I don't mean to hype the stock by throwing in this price. S&P looks out 18 months and uses growth rate and next years earnings estimates to make the fully valued price target of around $60. Of course a lot of this is dependent on oil prices stabilizing in the 16-18 dollar area which I think they will. Then one has to wait for the momentum to come into the sector.

Craig


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