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.

Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: isopatch who wrote (13589)	1/4/2002 7:01:08 PM
From: Bob Rudd	Read Replies (1) \| Respond to of 78570

iso: Regarding energy plays, many analysts use EBITDAX, Earnings Before Interest, Taxes, Depreciation, Depletion, Amortization, and Exploration Expenses, as a cash flow proxy in the energy sector. Disregarding the ahortcomings of EBITDA, could you, or anyone caring to comment shed any light on why Exploration expenses would be adjusted out? <<Once the lawyers take over, look out>> Agreed. HAL is no longer an energy play, it's legal play until the big suits are resolved and that's lookin to be '03.