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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: cherrypitter who wrote (49289)	8/12/1999 9:53:00 PM
From: paul feldman	Respond to of 95453

I feel the news was leaked and the response is what we saw today.

To: cherrypitter who wrote (49289)	8/12/1999 9:56:00 PM
From: ItsAllCyclical	Read Replies (1) \| Respond to of 95453

MEXP - All the negative are regarding the current quarter - much of it do to asset sales and hedging. Looking forward nothing has changed. I have no idea how the street will react, but I did notice they increased production on their Miss. properties by 43%.

To: cherrypitter who wrote (49289)	8/12/1999 10:31:00 PM
From: upanddown	Read Replies (3) \| Respond to of 95453

Rich I've watched the amazing amount of talk here about MEXP the last couple of months. A mini-mini-micro E&P with declining production and revenues, lots of debt, selling for 2X sales and a long history of unprofitability. Not much significant new production coming onstream and a portfolio of drilling prospects that they describe with the same words as every other E&P...promising, desirable, blah,blah,blah. To each his own but I sure think there are better prospects than this one, which to me is overpriced at 3 bucks. JMO. John