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Gold/Mining/Energy : PetroQuest Energy, Inc (PQUE and T.PQU) -- Ignore unavailable to you. Want to Upgrade?

To: Jane Hafker who wrote (682)	2/27/2002 2:26:39 PM
From: Dave M	Read Replies (1) \| Respond to of 686

I still own 8000 shares or so, sold some above 7 and have traded a few thousand, but I am keeping a core account in case the price takes off. Recent news shows reduced earnings but a huge increase in reserves. Engineers gave an estimated present worth of approx. $88m, with a current market cap about twice that. I think what this company offers is continued strong growth and good management. Many new wells will be drilled this year, one wildcat earlier was not economical and hurt share price. Earnings will come on strong if oil and gas prices go up, which I think will happen sooner rather than later. The above is only my opinion and not investment advice, do your own due diligence. Dave M