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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Galirayo who wrote (22056)	11/13/2000 7:08:56 PM
From: JoeinIowa	Read Replies (2) \| Respond to of 29382

Ray, I was using this for my quotes. quote.com You are correct about the mystery of NG hitting record highs but gas stocks and drillers not following. My thoughts on this are that the analysts are waiting to do their upgrades until about half way through the month so that way they can better estimate the increase in earnings that most of these gas producers(without hedges)are going to get. Then they may upgrade them to buys instead of maybe out performs.For example with CHK and Natural Gas around $4.50 they will actually earn closer to .50/share for the next quarter. Now once you get through mid November you can safely safe they are going to average over $4.50 and be pretty safe upping your estimate. No doubt in my mind the safest place these days is in O+G and possibly the drillers. This morning when the world was caving in I wished I had been there more but I did get some bouncing back of the tech stocks this afternoon. Joe