JP,
--- OFF TOPIC ---
PENG does not look good with the normal methods. Here's a few numbers to illustrate my point:
a. 1 Yr Revenue Growth = 69.6% b. 1 Yr Earnings Growth = 51.8% c. 5 Yr Revenue Growth = 31.5% d. 5 Yr Earnings Growth = 25.9% e. Price/Growth (PEG) = 0.25 f. Debt/Equity = 0.00 g. Current Ratio = 2.1 h. Profit Margin = 23.4%
i. Management has long-term contracts to stay with company. j. Company has voluntarily ended a long-term contract to obtain cash. k. They have participted in successful drills to 18K ft (WOW) for gas. l. Purchesed a lot of land in past year, and need $ to tap resources.
Well, you get the idea, they have been hit hard, the numbers are down the past year, the company has given up a firm contract to obtain cash for whatever purpose (hmm, wonder if they plan on using it to install some casing?), and management is neck-deep into the company and produces some pretty fine numbers.
Any input would be appreciated here. Is natural gas under the same price pressures as oil, and is there any thought on what 1998 holds for natural gas prices (someone here mentioned that as a potential issue :o)
Sorry for the off topic post all, my e-mail thingie no workie, and the doo-hickie is making a noise that goes rat-a-clunk, humm-whir-thunk, so I believe I have an ISP in serious trubble!
Regards, JB
P.S. aC, pham this says it all -----> :o) |