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

To: VisionsOfSugarplums who wrote (6258)	4/13/1999 10:31:00 AM
From: johnlag	Read Replies (1) \| Respond to of 24892

WLX - It seems to me that the management probably sat around and consumed a large amount of illegal substances and then came up with the theory: Since their company only had 250 bbl/d production, they may as well become a holding company of sorts...Like a mutual fund. By swapping shares of WLX for all the other companies, their stock achieves an implied value. If all the companies comply, they do achieve a value. Funny, something out of nothing. Hope they brought the kneepads.