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

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To: Brian who wrote (77767)11/2/2000 9:31:42 PM
From: sportsman  Read Replies (1) of 95453
 
Brian,
I like TXLI a lot and I own it. You are correct, next quarter should be great. I like to own E&P's with increasing production and TXLI fits the bill. I believe Mr. Hoehn's selling and the fact that TXLI is not on the radar screen of most investors is the reasons for the low cash flow and earnings valuation. Increased volume might clear out Hoehn's shares and some cold weather could move us on up.
Good luck
Sportsman

Douglas,
I'm well aware of Talisman's accusations in Sudan. I try to leave politics out of my investing. I like Talisman's valuation, production growth, earnings growth and cash flow growth. I remember investing in Triton at $12 when they were disliked because of their Colombia holdings. Sometimes the valuations are too compelling even with high risk. JMHO
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