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To: SliderOnTheBlack who wrote (52969)	10/14/1999 10:52:00 AM
From: Think4Yourself	Respond to of 95453

Yup, that sounds just like the brainless ANALysts to attack the one company most benefitting from higher oil and gas prices! TMR has very high levels of BOTH oil and gas production, higher than the "easy doubles", and sell it all unhedged. They get much more for their products than the company's being hyped as such great deals. Whatever the rest of the EnP's do this quarter, TMR will do better. TMR also has rapidly increasing production levels. Jon, that wasn't a lid at $4, it was a floor. TMR held up MUCH better than other EnP's in it's price range during the downdraft. It also shot back to the high $4's on almost no volume, signifying that no one wants to sell. One last thing to think about: If TMR is in trouble (as Slider is so subtly hinting), why don't the banks force them to hedge like they do to most of the other EnPs??

To: SliderOnTheBlack who wrote (52969)	10/14/1999 10:55:00 AM
From: C. Zuck	Read Replies (1) \| Respond to of 95453

Somewhat OT: SLB Smart Cards (from a long-time lurker) Does anyone have one of those new "Blue" AmEx cards? If so, does it say "Schlumberger" on it? There don't seem to be many SLB fans on this thread, but I am wondering if the Smart Card business will become a more important revenue source for them. Seems to me that business maybe a "hidden bonus" in the stock price, and it makes SLB more attractive to me than HAL. Any opinions?

To: SliderOnTheBlack who wrote (52969)	10/14/1999 10:55:00 AM
From: SliderOnTheBlack	Read Replies (2) \| Respond to of 95453

MHR: getting some "green" again this am - 20K block @ close yesterday ... Maybe not just another "hype" story huh ? EEX - $2 3/4 to $4 in case no one was paying attention; directly into a sector sell off... ... they are still out there. RRC still having individual traders bleeding out... $3 7/8ths & under is still a good place to sit with limits; it will turn & run soon enough, still very attractive here.Q4 & Q1 2000 they will show some real nice hedging gains & price realizations form prior qtrs. JQP -most institutions; would not be interested in ANY company that does not hedge. To not do so; is to gamble... anyone who locked in $2.40 mcf gas has done well here, $2.60 + they did real well, $2.80 + they did fantastic... also; analysts & brokers have no way to form an earnings model on E&P's that do not hedge... it would be like playing the "futures" market... we dont' play futures here, nor do Institutions for the same reasons... hedging is prudent management of your business - an E&P that doesn't hedge has the same risk/reward profile; and the same attractiveness as playing the futures markets... If you want an E&P that doesn't hedge; why bother ? - just "mainline" & play the futures (VBG) !?!?