Strictly: Oil and Gas Exploration Companies Message Board

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Gold/Mining/Energy : Strictly: Oil and Gas Exploration Companies

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To: Madharry who wrote (268)	11/25/1999 12:03:00 AM
From: PuddleGlum	Read Replies (1) of 318

Armin- According to OilWorld: "AGA reported a withdrawal of 20 BCF from the natural gas storage, representing a decrease of 0.6% at 91.9% full" The bad news is that this is end of November. The good news is that it was the first DRAW on reserves in eons (well, it seems that way) and it was during a relatively warm week. I'm still terribly puzzled by the low share prices coupled with generally-strong product prices. When good news won't move share prices that's when we should be worried. My tech stocks are skyrocketing. My $10K in SFY and APA would easily be $15K if I'd put it in my tech stocks. But my portfolio is made up of stocks with p/e ratios of 80, 100, 200 or "NA", and then there's SFY sitting there at a p/e of 13, p/cash flow of 4 or less. pg

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