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: Tomas who wrote (83275)	1/3/2001 1:15:04 AM
From: Libbyt	Read Replies (1) of 95453

>Higher prices should fuel wave of exploration< Living in the Bay Area, and facing 60% higher energy bills I would think that this would be an excellent area for an investment. I had recently purchase CHK, and noticed it sold off today with lower natural gas prices, and a Sell recommendation, from a previous Buy recommendation. quote.bloomberg.com "Princeton, New Jersey, Jan. 2 (Bloomberg Data) -- Chesapeake Energy Corp. (CHK US) was downgraded to ``sell'' from ``buy'' by analyst Joseph N Ancona at Burns, Gustus & Company." Since I'm fairly new to investing in this area, does this recommendation make sense to anyone who follows these stocks? (How well known is Burns, Gustus & Company?!?) TIA. Libbyt

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