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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: jim_p who wrote (17657)2/3/2003 1:22:43 PM
From: energyplay  Read Replies (1) of 206089
 
Jim - Thanks for the warning on EP. Obviously in a down trend. I got out Monday. Will wait until earnings release to get back in.

"Message #17657 from jim_p at Jan 31, 2003 2:15 PM

RRI is a small glimpse of what will happen when EP unwinds it's mtm accounting.
mtm transactions in RRI were very light and with an average maturity of less than 18 months.

EP's mtm is very heavy with transactions that go out for 10 years or more.

I would not want to be an owner of EP on earnings release day.

Jim "
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