Chesapeake Energy CHK Message Board

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Gold/Mining/Energy : Chesapeake Energy CHK

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To: Aquaman who wrote (398)	7/28/1998 3:07:00 PM
From: Matt McCormick	Read Replies (1) of 726

Gentlemen, I am a young and novice investor, but being from Oklahoma and working in the oil business, I have been able to follow Chesapeake for quite a while. I have been bullish on Chesapeake, but since they had such big expectations for the Austin Chalk Prospect that turned out to be a bevy of dry holes, I have since toned down my enthusiasm. I do, however, see value in investing in Chesapeake sometime around next February or March, when I think the oil glut will loosen up enough to be able to make a profit. I personally think this hinges on the colder than usual Winter expected and the Asian crisis coming out of their recession. I would like to hear some thoughts on the value of buying Chesapeake at 2 1/2-3.00 in the near future.

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