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Gold/Mining/Energy : CPE: Callon Petroleum Company
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To: Ed Ajootian who wrote (1)11/11/2001 11:30:00 PM
From: Ed Ajootian  Read Replies (1) of 31
 
Have now bought a ton of their Preferred stock. A great investment in these uncertain times if you ask me. You get a 9% return and you have huge upside since its convertible into 2.27 shares of common.

The common is trading at about 4 x cash flow but cash flow is gonna skyrocket in a few quarters, as a result of prior discoveries.
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