Big Dog's Boom Boom Room Message Board

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

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To: Sharp_End_Of_Drill who wrote (17857)	2/5/2003 8:50:03 AM
From: jim_p	Read Replies (1) of 206200

Sharp, Give me your password and I place the bids for you :-)) I'm not as optimistic as you. I suspect it will take several days for EP to bottom out, and with no 4Q earnings till March and a loss of at least a billion expected, I don't see much upside between now and then. Available liquidity is $2.6B of which $4.0B is future borrowing from bank lines that both expire in 2003??? I thought we were in 2003??? I guess that means they are broke? I think I'll follows brother Bum's rules on this one and wait for a clear bottom with a turn on very high up volume. It's already off 15% to 6.81 in pre market. Maybe another RRI in the making??? Should be interesting. Hope the TXU CC is over in time to catch the EP CC, may need to make up an extra batch of pop-corn today. Jim

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