Fortune Petroleum (FPX) Message Board

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Gold/Mining/Energy : Fortune Petroleum (FPX)

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To: jask who wrote ()	7/18/1997 11:17:00 AM
From: TD	of 275

John, We are private money managers and we have a very large position in FPX. I met with Ty Fairbanks on Tuesday of this week, and this company is a screaming Buy, we are buying more slowly so as not to move the price. The company has the lowest debt best cash flow and strongest cash positin ever. I may reco this to a good analyst friend of mine soon, and if he likes it it would no doubt move the stock. So if you are like us you may want to buy more. Also I would recommend that you call John Collins in investor relations and speak with him. He is a seasoned professional and is the man that helped get Texas Meridian Resources from around a dollar to fifteen over time. One caution, if you need a stock to make huge fast moves this is not for you, this is an old Smith Barney situation "we earn it", in other words just because we are right does not mean the stock price will move right away but, it is as close to a sure thing that you will ever find in the stock market. Wait one year and I know you will be happy. TD

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