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

To: kormac who wrote (56622)	12/10/1999 6:07:00 AM
From: Think4Yourself	Read Replies (2) \| Respond to of 95453

I didn't even bother to respond to him. It is obviously still his pick of the week, his "#1 stock, period!" EVER is also highly illiquid (avg vol=77k shares). It could easily get killed by tax loss selling. Why would anyone want a pure gas play with bad hedging practices in the current pricing environment? They haven't been able to capitalize on rising prices in either commodity (very poor NG hedges and no oil production). Here's their latest hedge (34 mmcf/day is over half their production):" "For the period November 1, 1999, through October 31, 2000, the Company has entered into contracts to sell approximately 34 MMcf per day, net at $1.95. " And slider thinks TMR tanked because of their lack of hedges? Get real!! Then there are the analysts. Their track record speaks volumes. "Nuff said (VBG)!" They have a shelf registration in effect for $150 million. Nothing like a little equity dilution. Slider can have all of the shares as far as I am concerned.

To: kormac who wrote (56622)	12/10/1999 11:02:00 AM
From: SliderOnTheBlack	Read Replies (3) \| Respond to of 95453

re: EVER; seppo get a clue ? Institution's doubled, 4 to 1 net buys... If someone can make these type of less than novice interpretations of this information - all I can say is; Thank you - because without people like you trading individual stocks & being online; trading could not be so profitable here. If you reviewed that info & drew those conclusions - good luck; you're going to need some... What those #'s you posted actually say is this: Over the last 3 quarters Institutional Ownership increased 76% ! from 46% to 71.2 % of the outstanding stock. The number of Institutions owning the stock increased 118% -over doubling from 35 to 76. This is important in reference to the above statistic in that the rise in "overall %" of stock owned by Institutions is not merely from a couple of major players individual accumulation; but rather from an incredible doubling of the number of institutions who want to own EVER - a stunningly bullish number actually. I fail to see how anyone could interpret a major accumulation by an insider, the strong overall "net" purchases by insiders, the 4:1 ratio of Institutional buys to sells and a doubling of the # of institutional owners as being negative. Insider's often sell in planned sales as part of their compensation from options awarded, or at substantially profitable levels from original stock awards. Look where EVER's stock has come from and from where the cost of the options & stock granted these executives is. Insiders selling at a 4 "bagger" versus selling at a loss is a completely different scenario. There has been no individual insider selling in 6 mos - less than $27 per share which is a 69% upside from here and there has been selling basically from John Hancock Insurance & other individuals "classified" as insiders - but which are not operating executives, or directors. Knowing how to interpret the "classifications" of insiders such as the "beneficial owners" and knowing their roles and also knowing the incredible price appreciation that EVER has had, brings a little common sense to what selling there has been in the past. * per the info below from Vickers - there has been allmost a 4:1 ratio of Institutional buying to selling in the last 3 mos. - that is outstanding. Institutional Ownership % Shares Owned 73.45 # of Institutions 117 Total Shares Held (Mil) 10.773 3 Mo. Net Purchases (Mil) 3.045 3 Mo. Shares Purchased (Mil) 4.331 3 Mo. Shares Sold (Mil) 1.287 Insider Trading (Prev. 6 months) Net Insider Trades 5 # Buy Transactions 5 # Sell Transactions 0 Net Shares Purchased (Mil) 0.290 # Shares Purchased (Mil) 0.290 # Shares Sold (Mil) 0.000 Source: Vickers Institutional Research seppo; no offense - but get a clue; it's dangerous out there. - mutual funds and full service brokers were made for people like you - take advantage of their services & products for your own good (VBG). JQP & Seppo - I am not banging the drum on EVER; so save your breath since this is some kind of an "issue" for you two. EVER I merely buy some shares on an averaging in basis everytime it breaks down under $18. This is a must own premiere niche & technological leading company - and their reputations is acknowleged industrywide by both industry peers and the Institutional & Analyst group. I usually do not trade EVER - unless like earlier this year it breaks out very quickly; EVER I buy for the longterm, one of the few companies that I have as a planned longterm hold primarilly because of their no risk balance sheet/ being debt free, the growth rate & their low cost producer basis in the industry. Again, if you guys think EVER is in the same group as your TMR MEXP EEE small caps - it is not; merely start at the balance sheet - basically a debt free company and then look at the 3-5 year growth rates. Those 2 factors in addition to being a CBM pureplay completely separate EVER from the group JQP alluded to earlier. Also, your complete lack of understanding of CBM plays and their somewhat unqiue dynamics is quite obvious. EVER does not need anyone to promote its discovery - EVER was a story 2 years ago; this is now an acknowledged niche leader and has had bigname Institutional & Analyst coverage for a few years - certainly not a MEXP. MEXP had potential to be a value play and a longterm gem "if" the new financing had allowed then to retain full ownership of their core positions and not having to dilute them with ROIL's joint venture & if they received the new financing to pusue developing the Blackfeet play. Their failure to secure new financing and their subsequent management moves have removed most of the sizzle from the MEXP steak. Most small caps like EEE & MEXP and others are certainly oversold as well, but basically have just become "traders" - but, EVER was and still is, an "investment." Again comparing TMR, EEE or MEXP to EVER is like comparing Cold Duck to Dom Perignon... a whole different class. Ciao~ PS: hmmmm; looks like having cash & buying power here is going to bring yet more opportunities again today. Maybe GLBL for about the 4th, or 5th time from $6 to $8, or $9 - boy, that one's getting allmost boring - aint it Post Patrol ? Lets see RIG - getting close, FLC getting close, SII getting close... maybe I'll get UTI back again. Jackup drillers on any substanial move down from here are must owns - another $2, or so in many of those - and I weight back into drillers fwiw. OSX is closing the valuation gap to the E&P's here; I had hoped that E&P's would rally up to close that value gap - but, Mr. Market had another idea didn't he ? Keep some powder dry - you never know when the next BHI is coming... and how low can we go ? I think we know that around OSX 65ish - we see cash flow in; so don't be chasing "teenies" here. The highway is littered with laggards & value plays - and it will be for quite some time. No one is going to miss "anything" here anytime soon. Even if we cut & run - the laggard list is as attractive & as large as it has ever been. Patience has paid off here and it looks to continue to do so.