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To: ItsAllCyclical who wrote (61160)	3/1/2000 11:45:00 AM
From: Think4Yourself	Read Replies (1) \| Respond to of 95453

Thanks for the timely info on APA! That's one sale that won't last in this environment. Just picked up some at 34 3/4. IMO whoever is selling is making a major mistake, but I am always happy to profit from the mistakes of others! APA is also a premiere EnP stock and a fund favorite. Buy it here if you can folks!!

To: ItsAllCyclical who wrote (61160)	3/1/2000 12:07:00 PM
From: SliderOnTheBlack	Respond to of 95453

JimL - ETP - low volume due to ADR's ... It has its days - institutions take her up on occassion. Merrill has a real nice analyst report on ETP - it was their favorite E&P. Basically is a strong balance sheet value play & they mention that Euro Oils are THE value's here. CFPS $7.52 for 2000 and EPS estimates at $2.85 - at $15 per share ?!!?!? - it's as cheap as XTO <At December 31, 1998, Enterprise's combined net proved reserves of crude oil and natural gas were 797.4 million boe, of which approximately 54.1% consisted of proved developed reserves and approximately 45.9% consisted of proved undeveloped reserves. Crude oil represented approximately 82.1% of the combined net proved reserves and natural gas represented approximately 17.9%.> New year end #'s for 1999 should show increased resv's due to commodity pricing - 80% + weighting to crude is what I love ! - it is THE contrarian play on crude sustaining here- as VPI has allready made its move from the $9's - this has not. It will walk to $20+ post OPEC meeting imo. Access the Merrill report - good read. I'll buy it back, caught it and margined it in the $13 s - took a leveraged profit today when I saw the likes of APA down $2 and some selling today. I'll re-enter... BR is a no-brainer of unbelieveable value as well for your liquid big cap - it will pop, good short interest catalyst as well... So many value's - We are FINALLY seeing the E&P's get noticed - look at ALL the E&P upgrades here vs. OSX stocks - the valuation gap divergence will close - and that is a huge % return for those who see this opp.