To: Rocket Red who wrote (5023 ) 9/20/1999 9:59:00 AM From: Stocker Read Replies (3) | Respond to of 15703
Here's maybe another one to watch. I got this from an email newsletter I get each week. It's from the Perspectives newsletter, samples available from stockperspectives@home.com They also comment on HTP. Kismet Energy (KISS) Perspectives Score - 82 Rating - Bullish Reference: kismetenergy.com , 1-888-722-1295 - KISS has as much as doubled since I first wrote about them a couple of weeks ago. That was simply because not too many people were aware that they were land holders in the same area of California as the East Lost Hills play being explored by Hilton, Berkley et al. The stock looks to be finding a base around the $0.55 level where I expect it will trade for a little while as the market takes a breather after the strong gains. Expectations are that we will hear about California drilling plans soon, which should take the stock out of that trading range as the market looks toward the potential of a significant gas strike. This area play will get hotter as more companies are snapping up land in the region, and KISS should benefit as one of the earlier stocks to get in there and get a large landholding. Worth checking into if you like this area play. Hilton Pete (HTP) Perspectives Score - 73 Rating - Bullish Reference: hiltonpetroleum.com - HTP has been heading up in anticipation of news on their drilling in East Lost Hills. The market is looking pretty optimistic in advance of an announcement, which means that expectations are also high. In short, the company not only has to announce good results from their drilling, but they also have to exceed the market's expectations. It is pretty rare that company's are able to do that, so I advise a good deal of caution. The stock looks good, but it is very risky and very susceptible to profit taking.