Abraxas Petroleum (AXAS) Message Board

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Non-Tech : Abraxas Petroleum (AXAS)

AXAS 0.0347

-66.0%

Jun 22 5:00 PM EST

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To: Robert T. Quasius who wrote (60)	12/27/2000 11:38:24 PM
From: Area51	Read Replies (2) of 67

It could run further. With about 0.40 cash flow in the 4Q it may arguably be worth at least 4 x annual CF of 1.60 or $6.40. I think they may have some increased production coming on-line in the 1Q. They also had a nice mention in Barrons last weekend: Message 15079227 We should be careful that we don't leave too much on the table, without getting overly greedy.

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