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

To: Bruce L who wrote (30393)	2/28/2004 10:28:57 PM
From: ldo79	Respond to of 206089

The anti-tanker folks will be all over this one: ============================================= U.S. National - AP Tanker Explodes Off Va.; at Least 2 Die CHINCOTEAGUE, Va. - A tanker carrying industrial ethanol exploded and sank about 50 miles off the Virginia coast Saturday night, the Coast Guard said. At least two of the 27 crew members aboard were killed, and rescue crews were still searching for 19 others. Six crew members were taken to hospitals in Maryland and Virginia, said Petty Officer Stacey Pardini of the Coast Guard Atlantic area in Portsmouth. The extent of their injuries was not immediately available. The 570-foot tanker called in a mayday just after 6 p.m., saying there had been an explosion on board, Pardini said. Three helicopters, three Coast Guard boats and a C-130 plane from Elizabeth City, N.C., were searching for other survivors. story.news.yahoo.com

To: Bruce L who wrote (30393)	2/29/2004 9:56:39 AM
From: jim_p	Read Replies (2) \| Respond to of 206089

Bruce, I don't see any reference to upgrades for EP, all I see are more class action law suits filed on Friday (now up to eight), an SEC probe soon to be announced, more credit downgrades to follow, higher interest expenses from a junk bond markets that is now shrinking with yields rising, an improving economy that will result in higher interest rates and higher borrowing costs as a result of the current credit downgrades. EP has too much debt to be a survivor in it's current capital structure. As far as RRI vs. EP, last week RRI broke out above it's 10, 50 and 200 day MA which will now serve as support and EP is still below all three MA's which will all serve as resistance. stockcharts.com[h,a]daclyiay[pb200!b10!b50!d20,2!f][vc60][iut!Ub4!Ua12,26,9!Lh14,3!Lc5!Ld20!Lj[$spx]!Lf]&pref=G stockcharts.com[h,a]daclyiay[pb200!b10!b50!d20,2!f][vc60][iut!Ub4!Ua12,26,9!Lh14,3!Lc5!Ld20!Lj[$spx]!Lf]&pref=G Don't forget earnings will be out in two weeks with the same new management that over saw the reserves being written down by 41%. You should expect more of the same as new management uncovers several years of a very desperate management team covering up as much as possible. EP is also facing another +- $1.5B write down in reserve value in Q1. I don't see any possible good news for EP for a long time. I just don't see it, please explain the positive reasons why would anyone want to own this stock???? Jim