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Gold/Mining/Energy : PetroQuest Energy, Inc (PQUE and T.PQU) -- Ignore unavailable to you. Want to Upgrade?

To: ISPYOIL who wrote (471)	10/9/1999 4:58:00 AM
From: Ronald J. Clark	Respond to of 686

PQUE has performed admirably in the face of a difficult market for large and small E & P firms alike. I hve been impressed! Thought about selling half my position, but decided to wait for Valentine and winter natural gas prices. Best of luck. Ron Clark

To: ISPYOIL who wrote (471)	10/10/1999 12:07:00 PM
From: Ed Ajootian	Read Replies (2) \| Respond to of 686

ISPYOIL, Great to hear of the impending Valentine deal. That will really light a fire under the stock IMO. Hard to believe at least _some of the PP investors wouldn't grab a 70% profit at this point. They can sell half their position and still have effective control as many shares as they did originally due to the warrants being in the money. Guess we'll find out pretty soon since the 60-day period comes up pretty soon I believe. In any event, always great to find another PQUE fan! Where do think the current fair value of this company should be at this point? I believe it is fairly valued at $1.50 -- $1.75.