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To: ItsAllCyclical who wrote (48830)	8/4/1999 1:27:00 PM
From: ChanceIs	Read Replies (1) \| Respond to of 95453

Any thoughts on EPEX? Earnings are due tomorrow before the open. They were profitable for the the last month of the first quarter but recorded a loss for the entire quarter. They should therefore show a nice profit for this quarter. They have a major gas well due to report any day. It was supposed to be finished in early July. They reached scheduled depth in mid July and have decided to go deeper. There should be interesting news tomorrow. Very low long term debt here. I am long EPEX.