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Gold/Mining/Energy : Canadian Oil & Gas Companies -- Ignore unavailable to you. Want to Upgrade?

To: bill who wrote (7328)	5/13/2000 7:28:00 AM
From: Bearcatbob	Read Replies (2) \| Respond to of 24939

Bill, Your question is excellent. I personally look for a ratio of 4 for the price projections I make. The lower ratios imply a still lack of trust in the stability of oil prices in my opinion! Bob

To: bill who wrote (7328)	5/13/2000 10:01:00 AM
From: Tim Davies	Respond to of 24939

i think if i could buy anything at 1 or 2 times its cash flow id do so tomorrow.. that seems very very cheap.. the price deos reflect the market position at this time.. that is why many companies are buying the stock of other companies right now.. the actual value of a company would be in the range of 22,000$ per productive barrel of oil per day, or equivelent, and 1 miillion cubic feet of gas is deemed to be the same as 100 barrels of oil. these prices do fluctuate somewhat depending on the quality of the asset tim

To: bill who wrote (7328)	5/13/2000 10:16:00 AM
From: The Fix	Respond to of 24939

Hello Bill. That's Low, Very Low. In "cash flow" terms, The lower The Better. Kind'ove like playing golf. Most companies (oil or NG) are trading at around 3 to 4X cash flow now. 8 to 10X is the time to start thinking about cashing in the chips and moving on to another craps table. fIXER...... Waiting on ASL news.