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Gold/Mining/Energy : Gendis TSE:GDS.A -- Ignore unavailable to you. Want to Upgrade?

To: SAM-DAN who wrote (61)4/29/1999 8:14:00 PM
From: Robert Salasidis  Read Replies (1) | Respond to of 81
 
I agree, although I tend to discount either their PXD holding or the Fort Chicago holding at the current levels to make up for some of their debt. In the end, the break up value of the company is still higher than the current value. I have Fort Chicago on my watch list, and follow it daily. It has been stuck at 7$ now for a while. If all goes well and the pipeline comes on line on schedule, the 1$/share in revenue it generates should help pay in paying off the debt quite quickly.

As far as the Tundra deal, I believe the market is considering this as a lost cause, so any +ve news could move the stock.



To: SAM-DAN who wrote (61)5/1/1999 7:51:00 PM
From: valg  Respond to of 81
 
gotta call you on the "tribute" to albert cohen.

in fact sony was something he shrugged off, belittled and couldnt see fly at the time....the man had no imagination but was lucky enough to have a few good, visionary senior execs that succeeded despite his myopia

in short, the only thing he can take credit for is the mismanagement and antipathy towards shareholders that eaned him his belated ticket out

wish him a happy retirement!


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