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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Elroy who wrote (242875)	7/23/2005 2:44:55 PM
From: tejek	Read Replies (1) \| Respond to of 1574001

Like I said, most of my money is in natural gas. You know anything about TELOZ? I own a little of that one. Nice yield. Strange one. I thought I knew every nat. gas company because at least once a month, I cull for new companies where business might be starting to turn up. The reason I didn't know this one is because its mislisted as a financial services company. Its actually a holding company for offshore LA nat. gas drilling. What happened in April? There was a distribution of units to shareholders but I could not read the article.....it had expired. It killed the stock.......the chart is still in recovery. There are some weird things about this company: its PM is 89%; that's great but I have never seen a nat. gas company with that high of a PM. Return on Equity is 4k??? Unheard of. Return on Assets is 114%? Wow. Revenue was 6 million last quarter. Gross Proft was 6 million??? Are there no operating expenses at all? Balance sheet.........Cash on hand is $1.726 million; liabilities were $1.726. Coincidence? I could go on. What do you know about this company? Is it for real. Its financials read like a company I reviewed that leased out the Cherokee clothing line name to Target Stores. They had little overhead and large revenue numbers.

To: Elroy who wrote (242875)	7/24/2005 4:59:55 AM
From: Taro	Respond to of 1574001

On oil related investments I got this from my buddy Bob: BTW - This ongoing oil price escalation makes for some easy pickin's in the options markets. In my opinion. Options (both puts and calls) on OIH have been very easy to make money with as price overshoots in either direction take place at least weekly. There's just nothing like excessive volatility to open up opportunities. Personally I know nothing about this. Maybe something for you guys? Taro