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

To: Ed Ajootian who wrote (15660)	12/11/2002 1:46:30 AM
From: energyplay	Respond to of 206403

Re: ATPG - I'm following the discussion as best I can. Will consider it for a long.

To: Ed Ajootian who wrote (15660)	12/11/2002 6:55:02 AM
From: jim_p	Read Replies (1) \| Respond to of 206403

Ed, We appreciate your comments on ATPG. Most of us who know the company have a preconceived opinion on the stock based on knowledge from long ago which may or may not be true today. I had no idea they had any operations outside the Gulf where they have vast experience. The UK operations may help solve the "tread mill" of the Gulf of Mexico problem I have seen in the past and the reason I've not followed them. Keep posting, we all need new ideas to look at. Jim

To: Ed Ajootian who wrote (15660)	12/11/2002 8:50:03 AM
From: Sharp_End_Of_Drill	Respond to of 206403

Ed, >>> was pleasantly surprised to get a response to my post on ATP and I always want to encourage questions, but somehow I feel like I am just teaching a class on "E&P Analysis 101" and am getting little in return.<<< Go on Ed, you big intellectual capital spender <g> - remember it is Christmas, and also that you reap what you sow. I for one am very weak at analyzing balance sheets, so I appreciate all the 101 I can get. Sharp

To: Ed Ajootian who wrote (15660)	12/11/2002 11:28:48 AM
From: kollmhn	Read Replies (2) \| Respond to of 206403

Ed- No, I wasn't yanking your chain. My question was legit so, consider your mind boggled. Maybe the individual definitions are the problem? For instance, I read you say "it is generally understood (unless the term is otherwise qualified) that they are refering to what some call "cash flow before working capital changes" or "discretionary cash flow". Am I to understand that YOU think those above two terms are interchangeable? Hmmmm. As for your comment.... "somehow I feel like I am just teaching a class on "E&P Analysis 101" and am getting little in return." So far, I haven't noticed any lessons being handed out. "Given that you have already stated your opinion on the stock, the fact that you continue to ask questions leads me to the conclusion that you are probably trying to decide whether to short it or not." perhaps you do feel that way." Ed, try lightening up a bit. If your E&P investment conclusions are as unsupported as that comment, you will need to take teaching up E&P 101, to feed yourself. The fact is that (a)I said the story is intriguing and I meant it; (b)I am asking questions because I'd like to know where, if any, the flaws are; (c)I have already bought a few (very few) shares and (d) you may think I was born at night but,it sure wasn't LAST night. I wouldn't short this stock with YOUR money. Now, would you like to take a different (less caustic) tact or, do you have some personal agenda in mind that I need to know about?

To: Ed Ajootian who wrote (15660)	12/11/2002 5:08:18 PM
From: excardog	Read Replies (1) \| Respond to of 206403

Hi Ed. I'm an ATPG owner from last year at this time. Average @ $2.55. Recently laid off half the position in the low $4's. I will continue to hold the remaining half. Company appears to be under followed and not well understood. If they continue to pay down debt and pump up the balance sheet maybe they can earn a little attention. One concern of mine is reserve replacement for 2002. Seems they've been more focused on balance sheet repair and increasing production. Both of which they have done a great job of, but at some point we need to get to finding some more gas. Maybe 2003? Presently liking CWEI and buying some KCS. Koll has the story on KCS down pretty tight should you want to know. HAL up big after market. Scott