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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: yard_man who wrote (143210)	1/11/2002 4:06:37 PM
From: reaper	Read Replies (1) of 436258

to all -- any opinions on the Hanover Compressor (HC) chart? these guys have TONS of off-balance sheet liabilities (basically what they do is buy gas compression equipment and then do sale-leaseback transactions will off-balance sheet funding vehicles). has been one of my favorite fundamental capital depletion ideas for a while. it is usually considered an "oil services" stock, and it seems odd that they (HC) are trading near a year-low when the OSX has rallied a bunch. plus, with all the noise about Enron and off-balance sheet financing, you could get investors fleeing from the name just for that reason. opinions?? Cheers

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