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


To: William JH who wrote (44847)5/17/1999 10:21:00 AM
From: Harold S.  Read Replies (2) | Respond to of 95453
 
MRL getting dessimated. Anyone have a clue why??



To: William JH who wrote (44847)5/17/1999 3:47:00 PM
From: Douglas V. Fant  Respond to of 95453
 
William, Excellent article on the future of the oil industry. And talking supermajors, I point to MOB stock. It still carries about a 6 point "merger discount" to XON stock. The Shareholder Meetings to approve the merger take place in only two weeks simultaneously in Dallas, Texas on May 27th, as the historic Standard Oil Company of John D. Rockefeller comes back together after 80 years of divorce.

Now the FTC approval is scheduled for October 1st, but still MOB is a nice supermajor stock play with about a 5% discount....