Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Canadian Oil & Gas Companies -- Ignore unavailable to you. Want to Upgrade?

To: Kerm Yerman who wrote (6714)	8/15/1999 10:41:00 AM
From: Craig C	Respond to of 24905

Kerm - Poco I would think you could compare Poco with Crestar for there discount in the marketplace with there peers. Poco is predicting a 1999 cf of 383 mil or $2.50 a share if I read the latest press release right.Debt at 2.6x CF. Canadain investors are so focused on debt to cash flow.If these comp. were US guys with same prod. #'s and debt levels there market cap would be considerably higher. For me I have bought more American oil/gas explorers and service stocks primarily based on this problem we have in our stock market in Canada. The risk seems to high for me to chase the high multiple cf stocks like RAX,AEC,BNP,POU it seems wiser to bottom feed on POC and RES who may have bullish cash flows in the next 3 quarters just based on the price of natural gas. On another topic don't you just love all the Can analyst who are so bullish on the sector. Like where were they this winter??? They must have rubber necks. Jomo....

To: Kerm Yerman who wrote (6714)	8/15/1999 8:32:00 PM
From: Goldberry	Read Replies (1) \| Respond to of 24905

Thanks Kerm (Keep in mind, just one person's opinion). That may be but I and am sure a lot of others value your opinion highly. Could you give me your thoughts on Newport. You added to your position In June and it is aside from TET your portfolio's worst performer. Are the latest results disappointing. Debt still seems to be a problem for this company but I saw where Doug Gowland at First Marathon likes the company. Thinks it represents good value and believes some of the company's drilling prospects will come through.