Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Minos who wrote (67143)	5/26/2000 11:22:00 AM
From: jim_p	Read Replies (2) of 95453

Devon is a great company, and is only selling at 6 times it's annualized first quarters cash flow. This put them in a league with APC, BR and APA, which will sell for much higher cash flow multiples later in the cycle. SFS is by largest E&P position, and I'm not selling yet. Jim

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