John, Mike & Tom's <b>Wild World of Stocks</b> Message Board

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Technology Stocks : John, Mike & Tom's Wild World of Stocks

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To: Jorj X Mckie who wrote (1797)	8/22/2000 8:20:04 PM
From: John Pitera	Read Replies (1) of 2850

I think EOG is a little overextended so I could believe we could have a 3 or 4 dollar pullback, but I do see higher prices for EOG and the NG stocks, the fundamentals and valuation is still attractive on it. it's going up in such a controlled fashion that we could easily be north of 40 or 42.5 before we see a pull back.. I like the group and I like EOG APC is another very strong company you should be looking at, ditto APA. I'm also long BR and they have a lot of hedges of forward NG sales coming off in the next 2 months, so I'd really keep an eye on them for a buying entry but their price momentum will be a Q4 situation so for yourself you should probably focus on the ones moving the strongest right now. .Often though, I get bored if they don't move within a few hours lay off those pepsi's.....that caffenine just might make you nervous -g-

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