Chesapeake Energy CHK Message Board

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Gold/Mining/Energy : Chesapeake Energy CHK

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To: Taylor Mill who wrote (601)	6/4/2000 6:52:00 PM
From: Ed Ajootian	Read Replies (1) of 726

Taylor, Thanks for the points. You point out some interesting stats. Do you know what the same stats are for CHK by any chance? I know I can dig them out of Edgar but I'm too lazy. The old rule of thumb that an mcf of gas in the ground is worth $1 is out the door IMO. Lately I've been using $1.50, which presumes a long-term gas price of about $3. The Carl Icahn ("Great oilman???") story is old news and of little consequence now that PANA is on sure footing. There is a discount being placed on the stock due to Carl's involvement but that is a constant that is already baked into the stock price. Good luck with CHK!

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