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Gold/Mining/Energy : Canadian Oil & Gas Companies -- Ignore unavailable to you. Want to Upgrade?


To: bill who wrote (6146)3/6/1999 11:20:00 PM
From: AL R  Read Replies (1) | Respond to of 24892
 
Bill

Couple of things to remember.
The stock price fell about $6.00 with the Nova spin off. The charts are out by that amount.

At $17.50 the yield is around 6.5% and @ $15.00 almost 7.5%.

I haven't, but you could go back and look and see what the dividend support price for this stock has been in the past. I would bet that it isn't that far off right now.

Here a good place to start.
profiles.wisi.com

Hope that helps
Al



To: bill who wrote (6146)3/7/1999 12:26:00 AM
From: Scripts  Read Replies (1) | Respond to of 24892
 
TRP is a scary chart. I will call Nesbitt Burns on Monday and see if I can get any useful comments on its expected future.



To: bill who wrote (6146)3/7/1999 7:56:00 AM
From: Bearcatbob  Read Replies (1) | Respond to of 24892
 

Bill,

For what it is worth, I spent a week in Korea about a month ago. For an economic disaster - it was the busiest place I have ever seen. I was told unemployment is around 8% and going to rise. However, my impression was that it is much like here when we went through the last big recession. If you keep your job you can do well. Of course, if you loose it you may have a time finding a new one.

The people are smart and hardworking. Their business practices are complex but being unwound by market forces. I suspect that Asis will do fine.

Perhaps the lesson is that market forces will win out over any protective/isoloated system. Hopefully we have learned that here in the states. Free markets have brought an abundance of energy when the left told us we would have to conserve everything because there was no more to find.

Even Slick Willie has had the good sense to subject America to market forces throught NAFTA and GATT. The market is cruel to some who are protected but richly rewarding to the whole who allow it to function.

Bob