Strictly: Oil and Gas Exploration Companies Message Board

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Gold/Mining/Energy : Strictly: Oil and Gas Exploration Companies

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To: Retro who wrote (6)	8/2/1998 10:35:00 PM
From: cherrypitter	Read Replies (2) of 318

Retro: What specifically do you find attractive medium term about UPR? To me it would appear to be the"short of shorts"-selling at 30 times '99 est earnings of $.46; and estimating a ($.09) loss for '98? Also a heavy debt to equity ratio, little cash and temporarily declining gas prices . What realistically do you see keeping this company from selling much closer to it's book value? I am a little miffed,I suppose, that SFY which is an even purer gas play has been beat down so badly with heavy short interest while UPR and BR attract favorable media attention. Please, I am in no way attacking you or your portfolio. I am very sincere in my concerns and would like to learn about this sector. (thanks PG for the thread) Best Regards, Rich

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