Forcenergy (FENYE) Message Board

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Gold/Mining/Energy : Forcenergy (FENYE)

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To: Michael Bakunin who wrote (8)	1/26/1999 11:27:00 PM
From: SliderOnTheBlack	Read Replies (1) of 99

Count me in - cheaper than an ''option'' at this price... They have marketable properties that they can sell off to raise cash. Way too much debt is a given; but a capital infusion and or spinning off properties can keep them afloat. I just don't see .75 cents here even with dilution. Pure speculation play; but I like this better than CHK, and it isn't a ''Saba'' either imho. I have to ''roll the dice'' on this one... $27 last spring & $7-8 in November; either this is way oversold, or someone was asleep at the wheel at $8 about 6 weeks ago... Could see 30- 50% on just a bounce play on ''any'' positive news. hey; beats buying lotto tickets <VBG>.

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