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To: Wowzer who wrote (48477)7/27/1999 1:00:00 PM
From: double-plus-good  Read Replies (3) | Respond to of 95453
 
Rory,

I've gotten a little gun-shy as well; CSGS went against me and TMR is showing no life. Additionally, we have seen very little price appreciation in the NG stocks on this price spike. I expected to see a little more action than we have in the enp's. I suppose the market is waiting to see results and accumulating on weakness.

I'm loaded on HOFF already. I don't think we will see too much downside action as there is likely to be support due to the approaching secondary. If it hits 6 I'll be buying, otherwise I'm on hold. I hope it behaves more like PGO than TEXP. VTS also filed a shelf today.

RGO looks like the best bet to me at this time. Once the index funds are finished selling off I expect there should be a bounce back to 5 or so. Good buying interest and 4 looks like its the floor.

Watching HSE and TEXP to increase positions on weakness.

++good



To: Wowzer who wrote (48477)7/27/1999 5:34:00 PM
From: cherrypitter  Read Replies (1) | Respond to of 95453
 
Rory: the negative re: SWN could be a jury verdict that, with interest, will be over $100 million that was returned in Oct. '98 and is now in appeal to the Arkansas Supreme Court. Investor relations "does not expect any decision from the court until late 1999 or 1st Q 2000".
Considering that the market cap of Southwestern Energy is but $250 mill, this is a severe threat to their financial well being.

Rich