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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (3996)	9/6/2001 6:51:24 PM
From: sportsman	Respond to of 206334

Tomasso, I have touted FTO several times on this board since Aug 7 when it was trading around $12. FTO reported a tremendous quarter recently. Some of the highlights were: 1. declared a dividend 2. stock buyback 3. reduced debt buy a ton in the quarter 4. blow away earnings estimates 5. will be paying taxes going forward, tax credits are gone They recently announced they would blow away estimates again for this quarter: biz.yahoo.com Here is a site to follow crack spreads so you can get a pretty good idea of what earnings will be:http://www.udscorp.com/composite/3qdetail2001.htm I plan on taking profits around $20, but I will continue to watch crack spreads. FTO only operates two refineries. The biggest risk would be a fire in one of their refineries. Good luck, Sportsman