SI
SI
discoversearch

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: Tomas who wrote (83275)1/3/2001 1:15:04 AM
From: Libbyt  Read Replies (1) | Respond to of 95453
 
>Higher prices should fuel wave of exploration<

Living in the Bay Area, and facing 60% higher energy bills I would think that this would be an excellent area for an investment.

I had recently purchase CHK, and noticed it sold off today with lower natural gas prices, and a Sell recommendation, from a previous Buy recommendation.

quote.bloomberg.com

"Princeton, New Jersey, Jan. 2 (Bloomberg Data) -- Chesapeake Energy Corp.
(CHK US) was downgraded to ``sell'' from ``buy'' by analyst Joseph N Ancona
at Burns, Gustus & Company."

Since I'm fairly new to investing in this area, does this recommendation make sense to anyone who follows these stocks? (How well known is Burns, Gustus & Company?!?) TIA.

Libbyt