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To: Razorbak who wrote (82389)	12/21/2000 5:32:23 PM
From: Think4Yourself	Respond to of 95453

I am looking at the RRC with a debt/equity ratio of 2.38 and $.03/share cash biz.yahoo.com and hedges in the $3 to $4 range going out to 2003 biz.yahoo.com and who spent $6 million in hard cash to up those hedges from lower levels. And that SEC report is chock full of games being played with financing. I have never seen one in this industry with so much financing/debt "stuff" in it. It might be good. I am not an accountant and didn't even try to decipher it all. EDIT: I do concede that D/E and Cash/Share is similar to XTO, which is why I didn't recommend XTO as a replacement. This even though XTO is unhedged and thus pulling in a lot more $ for their production.