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To: isopatch who wrote (80458)11/30/2000 10:22:43 PM
From: jim_p  Read Replies (2) | Respond to of 95453
 
Iso,

Yes I am as long on SMOP today as I was a week or two ago.

SMOP and BELW are both selling at 1.60 times cash flow, but SMOP has leverage of 28% and BELW has leverage of 74%, and SMOP is about to be sold.

I still expect an announcement very soon, and a deal to be completed before year end at a price approximating $5.00 per share.

After today the only E & P stocks I own are TMR, OEI and SMOP.

Jim