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To: Think4Yourself who wrote (49854)8/25/1999 6:17:00 PM
From: Douglas V. Fant  Read Replies (1) | Respond to of 95453
 
JQP, (Heck that's shorter and easier to spell than Lingerfelt,ha!). Man you're a brave man biking that far on open roads! TEXP as I see it rises and falls primarily on its Paragon Project. They have a number of other prospects, but none of them are anywhere as physically big as Paragon.

If they do well there IMO, their price goes up- if they do poorly, their price stays flat or goes down- a high-stakes "turkey shoot".

If you want to hedge your bets and buy into a little more balanced (in terms of asset locations)small cap E&P's consider XTO or BR- both are pretty well managed....