PetroQuest Energy, Inc (PQUE and T.PQU) Message Board

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Gold/Mining/Energy : PetroQuest Energy, Inc (PQUE and T.PQU)

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To: Ronald J. Clark who wrote (17)	3/25/1997 6:38:00 PM
From: Ed Ajootian	of 686

Ron, I called the Optima IR guy today and he said that block was Bob Hodginson the president buying! We should get a report of this on April 10th, when his Form 4 is due with the SEC. This stock is continually undervalued because its cosmetic appearance does not match its actual character. What would you expect a $2 Canadian resource stock which is based in Vancouver to be like? You would expect to see a swashbuckling style where they go nuts drilling wells that could double or triple the company overnight. This company is not like that at all. They just quietly go about their business growing an O&G company the old fashioned, boring way. Never "bet the ranch" on any one play. Just slowly grind out the low-risk, smaller wells. There is obviously some negative news that will be coming out with the year-end results. Once we get by that blip it should be back up from there. The company will be announcing the flow rates of the recent wells a few days after they announce the year-end numbers. Hopefully this will spark a rally.

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