Mike:
You have mentioned UCL in the past as a stock you like. I have looked at it and cant figure out what makes it so appealing to you. Obviously, I what I see when I look at book value, earnings, sales and debt is not necessarily what you are seeing. Can you tell me what your target is on it and basically how you arrive at that ? It would be most helpful. I get the impression that you dont necessrily look at ratios when evaluating stocks as I cant see this one coming up on a stock screening tool. And given that you probably didnt find it on a stock screening tool, how did you chooose it among the other oil and gas plays.
BR - it would seem is grossly undervalued based on their natural gas field holdings. This one was easier for me to figure out.
Also, what do you think of the golds now that they have been decimated again due to recent lowering of price targets by Lehman. For example, NEM, ASA, or HM
Finally, it would appear that dell will make the numbers this quarter, last quarter they warned about 3weeks ahead, this quarter they are scheduled feb 10 and havent warned yet. Do you still have puts ? Are you considering fresh puts on Micron given the upcoming debacle in dram pricing ?
thanks |
