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

To: victorw who wrote (51916)	9/27/1999 3:57:00 PM
From: ItsAllCyclical	Read Replies (1) \| Respond to of 95453

VictorW (Re: CHK) - I'm not going to guess an exact figure on what it'll do to their earnings, but if you look at the past quarter around 26 bilion cubic feet of natural gas production and this quarter was supposed to be 30 billion and now they are saying 5% more that means they'll come in around 31.5 or almost 20% higher than last quarter. Take a look at how much drilling they'll be doing in the next year and their recent success rate. Given the market cap currently I think you'll see big money fall in love with CHK once it breaks 4 and 5 respectively.