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

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To: Dave M who wrote (429)8/17/1999 7:36:00 AM
From: Ed Ajootian  Read Replies (1) of 686
 
Dave,

It was an OK quarter all-in-all, no surprises. With the recent issuance of new stock the market is waiting for new developments to see what to do with this stock. The added number of shares hurts the cash flow and breakup value calcs. based on historical activity, so everyone is now waiting to see what PQUE's next move is.

There is a thread on PQUE on the raging bull site, see ragingbull.com. Only 2 posts but worth mention, for any non-SI members who may be lurking here and looking for a free site to post msgs. re: PQUE.

At least we now have the 2nd quarter behind us and from here on out this company will have positive earnings -- pretty unusual for an O&G microcap!
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