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

To: Douglas V. Fant who wrote (50288)	9/2/1999 11:30:00 AM
From: SliderOnTheBlack	Respond to of 95453

< prediction of potentially sustained NG prices of $5.00/mcf this winter....> The ''man'' has spoken... I've run some #'s on what just $2.45 mcf would do for these micro's compared to say RRC's realized $1.94 mcf ytd... We are in a ''can't lose'' Nat Gas environment folks... anything over $2.45 is literally extremely bullish... we are in high profit land here in the $2.60's let alone $3.00 + ... also, $2.75 mcf - $3.00 mcf and I used a 45 day avg of $4.00 mcf.... if this occurs and I think it will; this will be WINDFALL $ from heaven.... the e&p's will be smart, they will pay down debt and this will allow multiple expansion via eliminating the weakness in their financials - which keeps the analysts from more fully valuing them at normal historic valuation multiples... 2 words; GO GAS !