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Microcap & Penny Stocks : Benz Energy (BZG.V) -- Ignore unavailable to you. Want to Upgrade?

To: Sleepman who wrote (246)	3/5/2000 9:22:00 PM
From: Ed Ajootian	Respond to of 272

Dan, If you haven't bought some PANA yet and was thinking of getting in, I'd suggest buying at the open tomorrow. They've hit another gusher and the stock will likely take a healthy pop. Something tells me we will be hearing from Benz this week or next. The 12-month natgas futures strip is now around $2.90, which bodes well for gas producers. Benz produces about 90% gas. The stock seems to have bottomed out at around the C$.10 mark, so there is little downside from here.

To: Sleepman who wrote (246)	3/21/2000 2:23:00 AM
From: Ed Ajootian	Read Replies (1) \| Respond to of 272

Dan, Wondering if you ever jumped in the pool with us on this one. The recent price action has been most encouraging. It appears to be consolidating up at the C$.14 mark, a 40% move up from the lows. The stock price went up today in spite of the slipping natgas prices. They have 80% of their gas hedged at around $2.50, for about the next 2 years, so there is no big downside if natgas prices go down. I believe they will announce 4Q numbers next week at this point so you still have a few days to buy before the next leg up. The amount of sub- C$.13 stock out there is very limited at this point IMO.