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echo: locuser
to: Frank Malcolm
from: Paul Edwards
date: 1997-02-22 20:43:58
subject: get rich quick

PE>> I now have a letter (supposedly the second letter), saying I can now
PE>> exchange 15 PLP shares for 1 Placer Dome share.  Do I want to do that?
PE>> Apparently it is a "fair and reasonable offer".  BFN.  Paul.

FM> Placer Dome (ASX code PDG) have made a take-over offer for Placer

Placer Dome is supposed to be a Canadian company, and not supposed to be
capable of Chess, so it was only by fluke that I guessed that that's what
it was, and where the 15:1 came in.  Anyway, all should be fine.

BTW, got LKO stuff today.  Looks like I have to pay $7000.  Is this why LKO
is so low, because these new shares are a bargain?  BFN.  Paul.
@EOT:

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* Origin: X (3:711/934.9)

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