Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Fox Energy Corp. - FEC on ASE -- Ignore unavailable to you. Want to Upgrade?

To: David Michaud who wrote (46)	5/16/2000 12:03:00 AM
From: CIMA	Read Replies (1) \| Respond to of 54

David, thanks for the info and this Buy Low-Sell High writeup on FOX (edited to include the FOX writeup only): Several oil and gas companies have already reported outstanding results for the first quarter ended March 31, 2000. Over the past week, investors have begun to flock to the sector and we are currently experiencing a dramatic rally in the oil and gas stocks, particularly following the release of first quarter results. Several companies which have recently released financial results have seen share price increases ranging from 10% to 50%. Below is a list of some recently featured companies which should report outstanding results for the first quarter. Fox Energy FEC-CDNX The company is expected to release first quarter results on May 16. We conservatively estimate that Fox will achieve cash flow per share of approximately $0.15 during 2000. First quarter cash flow should be just over $0.03 per share. The company currently has an average production rate of 500 boepd. Based on a conservative price to cash flow multiple of 3-4, Fox's shares should rise to the $0.45-$0.60 over the next year. All of these companies were recently featured in either The Canadian Oil & Gas Stocks Review or The Buy Low, Sell High! at significantly lower prices than they are currently trading at. We are bringing these stocks to the attention of our subscribers at this time in order to increase awareness of the upcoming financial results and to capitalize on the current bullish trend in the oil and gas industry. With oil and gas prices remaining near record highs, we should continue to see upward movements in these stocks in conjunction with a spike following the release of strong first quarter numbers.