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To: Tommaso who wrote (82581)12/24/2000 12:11:54 PM
From: jim_p  Respond to of 95453
 
I think it is cheap because of it's high leverage, 74.13%. If NG prices stay high long enough, its should do better than it's peers since it will have a chance to de-leverage. It is very cheap, selling at 1.60 times this years cash flow, and it is one of the few companies that has been able to grow production by 22.88% over last year with the leverage as high as it is.

I don't own any because I have never been fond of J P Byran, the CEO.

Good luck,

Jim