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Gold/Mining/Energy : PetroQuest Energy, Inc (PQUE and T.PQU)
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To: Ed Ajootian who wrote (43)5/8/1997 6:56:00 PM
From: Ronald J. Clark   of 686
 
Ed,

Thanks for your reply. I'm concerned that the company won't disclose where the reserve decline and production decline are being experienced. I'm also concerned that the company is the "toy" of a couple of individuals who have "nothing to prove". I, for one. was hoping they would be trying to prove something! So far, they have proved they can turn a $5.00/sh stock into a $2.00/sh stock. If Wildhay had lots of deep horizon potential (as the company touted earlier), why sell it on the cheap and deploy the money to an unknown corner of the earth where company personnel have no known expertise? Basically I'm confused and discern no rational business plan in this company. Maybe its because this is indeed the "toy" of a couple oil men. What about buliding shareholder value?
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