Chesapeake Energy CHK Message Board

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Gold/Mining/Energy : Chesapeake Energy CHK

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To: art slott who wrote (582)	11/14/1999 12:51:00 PM
From: Ed Ajootian	of 726

Art, I think the guy's got a helluva point -- and I'm long the stock! But its like the Chinese word for "crisis" which I believe is also the Chinese word for "opportunity". This "awful debt load" provides the leverage for huge gains, just in case we are lucky enough to have a normal winter this year. I understand the odds are against that though, and have lightened up the CHK position in recent weeks. May lighten up some more if this hype show they're doing on the internet this week brings in some buyers. Wondering if you own CHK, or if not what other E&P stocks do you like these days? If you don't like debt you should take a look at Petroleum Development Corp. (PETD) -- a slow but sure grower with virtually no debt.

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