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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Roader who wrote (27907)8/17/1998 4:50:00 PM
From: Douglas V. Fant  Read Replies (1) | Respond to of 95453
 
Roader, Acquisitions are the way to grow profits in a flat to down price market. Currently most energy and oilfield service companies are in very good financial shape- that is very different from the 1986-87 time period. So expect more acquisition activity...

In fact on the producer side, I heard rumors today of a Conoco buyout by Elf Aquitaine...... And that's partly why I bought into EVI on friday...

Sincerely,

Doug F.



To: Roader who wrote (27907)8/17/1998 5:29:00 PM
From: marc chatman  Read Replies (1) | Respond to of 95453
 
I don't think you have to worry much about DO. I doubt the Tisch's are going to let their cash cow go at a bargain basement price (unless there is something else in it for them -- but that wouldn't fly, would it?).

And Mr. Tisch, if you even consider an offer, I have just 2 words for you: CLIFF'S DRILLING


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