Chesapeake Energy CHK Message Board

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Gold/Mining/Energy : Chesapeake Energy CHK

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To: Mel Spivak who wrote (221)	8/21/1997 1:15:00 PM
From: Zeev Hed	of 726

Mel: Right now you want to see how the bottom is tested in the low 6. It was formed in a psike down, but the volume was so so, not exactly capitulation. I still think there is a chance of getting this one just under 5, as I stated few months back. It is possible that CHK may become the target of an acquisition, but we will need to see before that how the write off affect the balance sheet. I have no idea how these things are calculated. Zeev

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