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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: BigBull who wrote (70948)	8/15/2000 4:54:59 PM
From: BigBull	Read Replies (3) \| Respond to of 95453

Big API crude build: messages.yahoo.com OSX rally is probably over for a while. I'll be selling the last of my hotels to buy the selloff.

To: BigBull who wrote (70948)	8/15/2000 5:09:40 PM
From: jim_p	Respond to of 95453

BigBull, I would read the 10Q carefully. I didn't spend a lot of time on it, but the decline in cash flow from 1Q was concerning to me. Jim

To: BigBull who wrote (70948)	8/15/2000 5:37:38 PM
From: isopatch	Read Replies (1) \| Respond to of 95453

Nothing that would effect the strong bull case I'm making. IMHO, ESNJ is in a very elite group of saavy players who: 1. Had the luck and connections to assemble a world class exploration team and amass a large high quality portfolio of NG prospects in the 1-2 yrs before the huge secular bull mkt in NG became visible for all to see. Let's face it folks relatively few make it to the top of the class in geology or geophysics. When it comes to making the most of opportunities offered via advanced processing and interpretation of 3D seismic, the really perceptive minds can walk away with the real gems after purchasing a few hours of "quality time" in one of the big data projection rooms accessable to industry geoscientists from room vendors. 2. Know how to play the deal making part of the E&Ps game. That is they know how to bring in first class partners to them at least part of the way on every prospect. In addition to recent excellent well completions, the partners and the terms they come in strongly evidence the quality of the prospect inventory. ESNJ ranks high in those areas. The discoveries, revenue and cash flow numbers come much later. Like CRZO you have to buy this kind of stock long before the numbers. JMVHO Isopatch