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

To: JHR who wrote (71618)	8/24/2000 6:15:27 PM
From: jim_p	Read Replies (1) \| Respond to of 95453

Anyone have any opinions on GRP? I haven't heard it mentioned for awhile. 50% upside to the price targets, and a analyst rating of 1.20. Jim

To: JHR who wrote (71618)	8/24/2000 9:07:47 PM
From: Think4Yourself	Respond to of 95453

The hedging game has changed. The managements of the independent E&P's can't seem to be able to figure out what is going on in their industry as many have set up poor hedges in the past quarter. Of the ones I have rechecked so far XTO seems to be the only company who has a really GOOD CEO (Simpson). If I do find any others I will let you know. I have sold part or all of many of the previously unhedged producers in my portfolio due to the foolishness of their managements. XTO is the only company whose position I am increasing. Sorry I can't be of more help (yet).