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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Dealer who wrote (38618)7/5/2001 11:44:05 PM
From: BirdDog  Read Replies (1) | Respond to of 65232
 
On the AMD warning...
If you study the Gorilla Game with Intel in mind. You'd realize that Intel has been playing the nice Gorilla. Looks like Intel has started to throw it's weight around a bit. I've known that Intel could have put AMD out of business in one quarter if they really wanted to. All that cash on hand...they could give away the processors for a quarter and it wouldn't hurt them.
Also no the EMC warning. Watch for NTAP to warn in the next few days. If they don't. Highly unlikely they will. They warned in the shadow of EMC's warning last quarter. Kinda made it smooth over a little better.

BirdDog



To: Dealer who wrote (38618)7/6/2001 6:31:24 AM
From: Joe Copia  Respond to of 65232
 
All should look at the track record of the new CEO of KING. A new penny that is ready, imo.

200mph who wrote (87696)
From: Joe Copia
Friday, Jul 6, 2001 5:46 AM
Respond to of 87702

KING at these prices, imo, scream ACCUMULATE ME.

At today's gas prices projected revenue to King would be approximately $200,000 per month.

In addition to the above, King is negotiating to participate in a twenty well, shallow gas drilling program near Graham, Texas which will commence in approximately three months.

The above is part of King's business plan to generate low risk cash flow in the onshore
United States while pursuing higher potential, higher risk projects overseas.


Above is ontop of this $2/share valuation:

According to a recent 8-K filing, the seismic database has an appraised value of
$65 million or about $0.90 per share.

In Gabon, King Resources has stated that the first target to be drilled on this
Salsich Permit has potential reserves of 80 million barrels and that the entire
concession could host more than one billion barrels of oil. Applying a nominal value
of $1.00 per barrel to the potential reserves on the first target suggests an
additional value of $80 million (about $1.10/share).

So @ .20 I think it is a steal.