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Tenneco Inc. Message Board

  • lkmorgan lkmorgan Jan 13, 1998 12:16 PM Flag

    Any Predictions ??

    Does anyone care to predict where this stock will go between
    now and 12/98??? As a former Tenneco Energy employee,
    I'll have to sale my stock 12/98. I'm wondering - now or
    later???

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    • Ik, like you I had a choice to make when TGP was merged with Epg. If you look at the other stocks that were issued to to you
      at the spin off (i.e. NNS, EPG,& TEN-New) the package as a whole is a profitable deal. I personnaly rolled all my NNS@$15 and
      TEN@$39&7/8 stock into EPG at the first available chance. I don't really see TEN doing anything in the near future as far as
      profitability is conserned. I've heared predictions of $45 for TEN in the next 12 months but I wouldn't bank on it. My hindsight ?-Sell
      now, take your gains, and invest in the current portfolioes that EPG is offering.

    • As a former Tenneco(er) I had the same issue. I got out. See my other post for reasons, but there some basic fundamental reasons to get out of this stock.

 
TEN
56.87+0.72(+1.28%)Aug 23 4:02 PMEDT