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


To: Gary Burton who wrote (45079)5/20/1999 9:05:00 AM
From: Gene J. Abel  Read Replies (1) | Respond to of 95453
 
Morgan Stanely Upgrades RIG this morning. Upgrade to outperform with target price of 35. For all the negative people we'll see what this does for the stock.



To: Gary Burton who wrote (45079)5/20/1999 9:07:00 AM
From: RealMuLan  Respond to of 95453
 
Transocean Offshore Rated New 'Outperform' at Morgan Stanley DW

Princeton, New Jersey, May 20 (Bloomberg Data) -- Transocean Offshore
Inc. (RIG US) was rated ''outperform'' in new coverage by analyst John Lovoi
at Morgan Stanley Dean Witter. The 12-month target price is $35.00 per share.

quote.bloomberg.com



To: Gary Burton who wrote (45079)5/20/1999 9:07:00 AM
From: SliderOnTheBlack  Read Replies (1) | Respond to of 95453
 
Now check this out ! RIG started asOutperform ($35 tgt) by Morgan Stanley

biz.yahoo.com

Thursday May 20, 8:42 am Eastern Time

Morgan Stanley Starts Transocean Offshore at Outperform, $35 Target

...hmmmmmm ? Are they covering their ''ass'' by making it only an ''outperform'' - but pumping, or ( pimping) the price by dangling that $35 price target out there for us ? - let us run it up (support it) while they (Institutions) sell it off..... ?????????

I'll just sit at $21 3/8ths and $18 7/8ths .... I don't trust the dirty SOB's ....{SOB}.

Devon - Penzoil ---- PZE sold out toooooooooo cheap imho !

$31.50 x .4475 = $14.10 per share ??????????????????????

Devon made one hell of a buy here - buy DEVON for a longterm hold - no real large nearterm upside; but DEVON sits on a nice portfolio and is solid as a rock. A solid longterm play.... PZE sharelholders have to be pisssssssssssssssssssssssssssssssssssssssed imho.

I would NOT bring up the old UPR offer to any PZE holders... (I'm holding a bit in the longterm drawer....)