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: Jane Hafker who wrote (490)	12/6/1999 10:38:00 PM
From: Ed Ajootian	Read Replies (2) of 686

Jane, Nice to cyber-hear from you, thought you dumped us. I could not in good conscience recommend purchase of PQUE at this time. It is being given a very accomodating valuation in an overall market that is knocking the hell out of natural gas exploration companies (the XNG index slid another 3.4% today, the equivalent of about 400 points on the Dow). If I were gonna guess (and I suppose I will), I would bet that the stock is being hyped at this point. When a stock goes up all of a sudden on no news, before they are due to be drilling through any zones of interest, this points toward one thing -- hype. Sorry I couldn't be more positive.

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