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Gold/Mining/Energy : Big Bear Exploration BDX

BDX 178.67

-0.4%

Oct 31 3:59 PM EST

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To: Buckey who wrote (35)	2/25/1999 8:43:00 AM
From: Tupulak	Read Replies (1) of 77

John, The thing that is bringing it down IMHO is the amount of debt that they have and the banker's are happy with it. They are sitting at around 5.5 to 6 time cash flow with their debt but at the same time I would guess some of the directors have very deep pockets. I would not be surprised to see the high 20's today but if we don't maybe this is the bottom. Curtis

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