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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: Heretic who wrote (2834)4/4/2001 6:26:14 PM
From: excardog  Read Replies (1) | Respond to of 23153
 
heretic

I was happy with the announcement but looks like I was the only one after todays action. CWEI could cash flow up to $15 a share this year so at todays close we are just under 1 times my optimistic cash flow projection. Market cap is now just under 150 million and they have 90 million capex for 2001. Seems cheap to me. I loaded with CWEI but not super happy with the price action. Stock is thinly traded and subject to weird moves. Maybe Q1 earnings could help. Last 2 quarters earnings were crappy IMO. We shall see.

Best