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Gold/Mining/Energy : Fletcher Challenge Energy (FEG)

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To: Liatris Spicata who wrote ()1/5/1998 3:18:00 PM
From: PuddleGlum   of 16
 
Larry-
I've been watching FEG since middle of '97 because one of my largest holdings, SFY, is exploring for gas in NZ and has some promising acreage near FEG's wells (Taranaki basin, I think). As you mentioned, the company looks good on a p/e basis, cash flow, dividend, etc. I placed a limit order this a.m. but withdrew it when the energy sector started getting hammered. I really think we're near the bottom, but I just can't fight the tape like I try to do all too frequently. At least the dividend makes the wait a bit easier.

Steve
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