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To: ItsAllCyclical who wrote (64176)4/10/2000 2:36:00 PM
From: Think4Yourself  Read Replies (1) | Respond to of 95453
 
Bargains abound today, but I wouldn't recommend dart throwing anymore. Some of the non-performers (earnings-wise) might not bounce back this time. BSNX was the only stock I still wanted but didn't have.

Hope everyone is having a great day.



To: ItsAllCyclical who wrote (64176)4/10/2000 3:02:00 PM
From: SliderOnTheBlack  Respond to of 95453
 
3 catalysts for BSNX - make it the #1 risk vs reward NG play imo

1. Pristine Balance sheet - near the best of its peer group (similar market cap - NG pureplays)this moves BSNX atop the low risk list.

2. It's a laggard & very much so - should be trading in a $18-$22 range if it received a bounce similar to EOG NBL XTO of late.

3. Has high impact offshore GOM drillbit upside

... BSNX FST & BRR were 3 darlings of the non-energy small cap value funds of late - this fund sector got hit hard from redemptions.

They were "Boutique-esque" Oilpatch plays that will get strong momenteum from non-energy players once earnings season starts and the sector rebounds.

BSNX in the $12's is one of the few NG small-mid caps with no-brainer 50% upside+ still left.