ENERGY EXPLORATION & PRODUCTION Message Board

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Gold/Mining/Energy : ENERGY EXPLORATION & PRODUCTION

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To: Texas77 who wrote (12)	3/10/2001 7:45:30 PM
From: anyer	Read Replies (1) of 111

Dave: Let me give you 3 to pick from. COG Float 16million Low P/S Chart breakout DNR Float low[forgot with my table of stocks at office]P/E 3 just broke out on Friday. SFY Float 12 million. Unrecognized discovery in NZ will increase reserves significantly. I prefer heavy NG with low float and have all three. Also APA,APC,DVN large floats; DVN just brokeout and has powerful chart. Also CHK with good earnings but large float. I own and trade all of these , but if I HAD to own 1 it would be 1 of the first three. Whoever Secular Bull is, he has recognized a powerful trend. With world consumption at 180 million bpd and growing rapidly, the days of cheap energy are over. What's funny is to hear the commentators on TV talking alternative energy and specifically fuel cells that use hydrogen; they never ask where does the hydrogen come from. Obviously they failed Physics 101 and believe that hydrogen will come cheap, just like they still believe that OPEC can open the "Spigots". The street is finally starting to get it, that is why the charts look terrific. Soon there will be more chatter as they desperately need a new darling group to push to the public. Regards and happy trading. Anyer

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