Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Big Dog who wrote (82933)	12/28/2000 3:45:37 PM
From: Frank	Read Replies (2) \| Respond to of 95453

Well-all my KEG was bought below 7.75 so I have to decide when to sell. Right now my plan is to sell gradually into the strength I see coming. Certainly would not sell heavy before 13 since I think KEG is a 17 stock at least.I recognize we could be back to 8 again but I am not a trader and really am not sophisticated enough to get too cute. I bought KEG, GW,PKD,PGO,MVK,NSS and GLBL because they were undervalued--and still are. I have stocks which have services we will need to meet our energy demands-pure and simple--Frank

To: Big Dog who wrote (82933)	12/28/2000 6:46:56 PM
From: Ed Ajootian	Read Replies (3) \| Respond to of 95453

Big Dog, SEC PV10. The SEC PV10 figures for 12/31/00 will be totally meaningless this year, since they will have to reflect what current natgas prices are (i.e., ~ $10) vs. what they will more likely average out to for the time it would take to produce out the reserves (you make the call). As we all know, SEC PV10 is a key metric used to corroborate values of E&P companies that might have been arrived at from a cash flow or other similar approach. Was wondering what you plan to do with respect to trying to somehow adjust the reported numbers for more realistic numbers, and if so, how one would do this. Also, I wonder whether the O&G trade associations should agree to some kind of supplemental disclosure this year, where, in addition to everyone putting out what the SEC PV10 figure is per strict SEC rules, they also disclose what it would have been if Nymex was, say, $4/mcf. Would be interested in your or anyone's opinion on this.

To: Big Dog who wrote (82933)	12/28/2000 7:38:44 PM
From: AltLar	Respond to of 95453

Big Dog, Wasn't WCOM one of Teddy's favorites? I also picked some up today. Yahoo shows it trading with a PE of 7.8 at a five year low. Hope to ride the OS train through OSX 140 and then start diversifying back into some more tech. I am particularly interested in a Pro Fund mutual fund called UOPSX. It is designed to mimic the top 100 Nasdaq stocks times a factor of two through various leveraging methods. (I haven't checked but I suspect today's big drop was due to going x-div) Thanks to you and everyone else on the thread for helping me close out the year with my best yearly gain ever (just over 100%). Margin use with trailing stops have worked very well for me. I wish all of you a happy and prosperous New Year. Larry