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


To: Ed Ajootian who wrote (586)11/21/1999 9:04:00 AM
From: Taylor Mill  Read Replies (1) | Respond to of 726
 
Ed

My comment was a suggestion that we all use our own brains and not listen to the CNBC idiots. You clearly used yours and hopefully have done well.

My own opinion is that the market's lack of enthusiasm for the whole sector is hurting CHK as much as CHK's own specific issues. The price/EBITDA multiples for the whole sector of independents are depressed when compare to better times.

As for a near term catalyst, a multiple week cold snap would work wonders for all companies and maybe generate enthusiasm to effect an across the board multiple rise. I have done well picking up some of these stocks when they spike down. I am content to hold into mid-winter on most of them.