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Gold/Mining/Energy : Chesapeake Energy CHK -- Ignore unavailable to you. Want to Upgrade?

To: Aquaman who wrote (575)	9/28/1999 9:56:00 PM
From: Ed Ajootian	Respond to of 726

Aquaman, Don't we all! Couldn't take the heat and dumped about 15% of the position today. By putting out this "pre-release" for 3rd quarter results Aubrey has made the actual 3Q release itself a non-event. So now this stock is truly nothing more than a very leveraged nat. gas price play for the next coupla months (until they get that Tuscaloosa well spudded). I didn't want that much money in a commodity price play, especially given that the Farmers' Almanac is predicting a warmer-than-normal November! But I must say it certainly was encouraging to see this stock nudge up higher on a day that the XNG index tanked 3%.