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Strategies & Market Trends : Classic TA Workplace

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To: patron_anejo_por_favor who wrote (20536)11/9/2001 6:57:26 PM
From: Haim R. Branisteanu  Read Replies (3) of 209892
 
Also trailing earnings of gas companies are misleading. The production leverage is very substantial. At $6 NG over $4 went to the bottom line. Now at $ 2.8 NG how much less goes to the bottom line? 60%, 75% 80% ??? If not properly hedged the P/E can easy rocket sky wards.

On thing I notices on 73% revenue growth income rose only 58% not a rosy picture. NG went from $4 to a low of $1.75 in Q ending 9/30/01. It recovered only to around $3 not $4.

all this said the stock can reach the moon if energy prices recover and they know how to play the energy markets
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