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Gold/Mining/Energy : Anadarko Petroleum Cp -- Ignore unavailable to you. Want to Upgrade?

To: k.ramesh who wrote (43)	8/25/1999 12:08:00 AM
From: PuddleGlum	Read Replies (1) \| Respond to of 129

Ramesh- Glad to see somebody else around. I am uncomfortable with the stock's weakness, especially considering that it's NG mix is roughly 50%. I won't be buying at $32, because at that point this becomes a broken stock. I'll go with APA, EOG, SFY or such in that case. The "buy more" signal will come at $39 or $40. pg

To: k.ramesh who wrote (43)	8/25/1999 9:32:00 AM
From: The Ox	Respond to of 129

Welcome to the thread k.r. I've been under the impression that APC is being 'ignored' by the street and that's why I decided to load up. PG makes a very good point about the stock looking 'broken' if it continues to fall to 32. I guess what strikes me the most is that this stock was at 32 in March and when I look at the progress oil prices have made since that time the reoccurring thought that keeps coming back to me is that APC really hasn't gone very far (pricewise) in relation to oil's gains. I don't have the gas/oil % handy but I'll dig them up and post them when I find the time. Like PG said, it's good to have another person join us on the thread! Good luck, Michael