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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 (35513)	10/4/2004 9:21:21 PM
From: Area51	Respond to of 206325

Hi Ed, Interesting story on IOC. I'll add it to my watch list. Let us know if they start converting some of those 4 billion barrels of possible reserves into real reserves. I'm not sure you can count on Raymond James being totally objective when they have received investment banking fees, but it could be a huge winner. I just don't think it will run way up until they actually start producing some oil.

To: Ed Ajootian who wrote (35513)	10/4/2004 10:44:05 PM
From: xxreno	Read Replies (2) \| Respond to of 206325

IOC is the second one of this kind of energy play that RJF has added lately. The first was HNR. Both may be great ideas. However, with EVG being acquired by PXD they needed someone to keep their coverage numbers constant. And it looks to me as if their risk profile has increased consistently through the year with the companies they have added. RJF has a good research team, but any time I need a wake up call, I try to remember their $21 target on HOFF. The bottom line of my post, is 'Do Your Own Math'. Good luck. xxreno