Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Lundin Oil (LOILY, LOILB Sweden) -- Ignore unavailable to you. Want to Upgrade?

To: Tomas who wrote (623)	6/5/1998 7:56:00 PM
From: Donald Lickman	Read Replies (1) \| Respond to of 2742

good post Tomas, thank you.

To: Tomas who wrote (623)	6/8/1998 8:05:00 PM
From: Tomas	Read Replies (2) \| Respond to of 2742

Lundin Shares Fall in Stockholm After Matteus Removes it From 1-Week List Stockholm, June 8 (Bloomberg) -- Lundin Oil AB shares fell as much as 5.4 percent after Swedish brokerage Matteus Fondkommission removed the Swedish oil company from its recommended portfolio for the coming week. The shares fell as much as 2.10 kronor to 36.70 ($4.68). They recently traded at 37.00 kronor. We took Lundin Oil out of our portfolio of hottest stocks in the coming week,'' said Nils Sandstedt, an analyst at Matteus Fondkommission. ''We remain positive toward the stock in longer- term.'' Lundin was formed in March after Sands Petroleum AB bought International Petroleum Corp., joining the ownership interests of Chairman Adolf Lundin. Analysts said the merger would raise the profile of the company and help it take part in any mergers or acquisitions in the industry. The company has currently carved out a niche exploring in areas of high political risk, including Libya, Albania and Sudan.