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To: Umunhum who wrote (77854)11/3/2000 7:34:27 PM
From: jim_p  Read Replies (2) | Respond to of 95453
 
OK. 2.77 times cash flow using a .65 conversion rate, I stand corrected. I took the numbers from their NTSE press release and assumed the numbers were converted. Still very cheap.

VPI is the best 3Q release I've seen so far:

1. Selling for 2.6 times 2000 cash flow,

2. Reduced leverage down to 45% and

3. Increased production by 7.01% over 3Q 1999, and 6.58% over 2Q 2000.

APA, KP and DNR also look good.

Jim