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To: t4texas who wrote (30163)2/23/2004 1:58:10 PM
From: jim_p  Read Replies (1) | Respond to of 206085
 
Here are six company press releases on one well that's never been tested or completed and is now having problems reaching their objective. This has to be close to a record??

Looks like they raised some equity off all the hype.

biz.yahoo.com

biz.yahoo.com

biz.yahoo.com

biz.yahoo.com

biz.yahoo.com

biz.yahoo.com


Pretty incredible.

TXU up 13% today on a new CEO. There has to be some short covering on that one today??? Stock at $28 with a price target of $25 and a book value of $16.6 per share with 1.8 debt to equity.

Would be nice if RRI with only 1.4X debt to equity sold for 1.75X book value. Some day it will happen. That would put RRI at about $26 per share.

Jim



To: t4texas who wrote (30163)2/23/2004 3:45:03 PM
From: jim_p  Read Replies (1) | Respond to of 206085
 
I got a buy recommendation from an internet stock club this morning to buy SNG.

The stock is a micro cap that is not very liquid with a book value of $.56.

I suspect the club bought early this morning and is out by now with a nice 20-25% gain.