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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 (25261)	8/26/2003 9:15:23 AM
From: DELT1970	Read Replies (1) \| Respond to of 206089

Here's an interesting transmission story, Ed, though I don't know the company. biz.yahoo.com

To: Ed Ajootian who wrote (25261)	8/27/2003 7:58:44 AM
From: Dennis Roth	Read Replies (1) \| Respond to of 206089

Ed, Sempra Energy (SRE) and Marathon Oil (MRO are my picks. Both are profitable, well capitalized, should be able to finish their LNG projects without taking on excessive debt, and pay 3% plus dividends while you wait. I follow both Cheniere Energy (LNG) and Golar LNG (GLNG) but am not considering either of them for investment at this time. Golar is an ocean shipping line and I have never invested in or followed that industry. I still need to sit down some time a figure out what the company is worth. It's risen rapidly since LNG became Wall Streets 'flavor-of-the-month' but I'm not willing to pay a big premium simply because the haul LNG instead of iron ore or oil. Also there is a big LNG ship building boom going on and there may a glut of LNG carriers brewing. Cheniere Energy (LNG) is my least favorite. They have a great Power Point slide show, press releases, and not much else, IMHO. They're an 84 million market cap company with more than a billion dollars worth of construction on LNG projects planned. I want to see where they get the money and what they will have to give away to get it. I don't know how much your shares will be worth after they issue a billion dollars in new debt and shares. I don't know what Cheniere brings to the LNG facilities party that the others, Royal Dutch/Shell, Sempra Energy, Marathon Oil, ChevronTexaco, etcetera, don't. One reason I follow LNG developments is that more than 30 North American projects have benn proposed but ony a few will actually get built. I don't think Cheniere's pockets are deep enough.