Chesapeake Energy CHK Message Board

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Gold/Mining/Energy : Chesapeake Energy CHK

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To: Razorbak who wrote (474)	3/8/1999 10:43:00 PM
From: Ed Ajootian	Read Replies (1) of 726

Razor, Whatever the reason this one is really on fire. Up >50% in a week on huge volume. I think there's more to run. With the huge debt they have enormous leverage to commodity prices and both oil and gas are showing amazing strength. I still like the preferred over the common, although for the last week the common has performed better. If an O&G company wanted to get their hands on a TCFE of gas in one shot, they just have to do a tender offer on CHK and they will have it easy & quick. I don't believe Aubrey & buddies control a majority of the shares.

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