Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Strictly Buy and Sell Set Ups -- Ignore unavailable to you. Want to Upgrade?

To: chowder who wrote (9572)	5/7/2006 1:05:54 PM
From: sixty2nds	Respond to of 13449

You're welcome dabum3. Congrats on a very nice entry. What time frame are you working EP? I know there are some other fundie/tech mutant traders around here. If EP has not crossed your path yet it is a very interesting turn around play. Here's the other "news" from Briefing.com about EP....note for you fundie traders peering into the dark corner...there IS a 2ndary issue on the shelf "expected" to hit "no sooner than August". I will provide the Briefing.com notes on it if anybody requests them....Earnings Next earnings release: Aug 4 before market, unconfirmed. Reuters Research estimate: 0.19 Date Archive Article 05-May-06 11:13 ET In Play El Paso: Conf call details (EP) 14.60 +1.11: Only real neg in qtr came in additional costs associated with hurricanes, co spent an extra $160 mln in hurricane repair (don't expect insurance reimbursements for this extra cost). Recent hedge activity positions them well for growth in 2007 (130 Bcf of 2007 production was hedged, collars with $8/MMBtu floor and $16.02/MMbtu ceilings). Continue to deliver on growth projects, since Jan meeting, two have gone into service. Don't believe that 100% rate of success of operated wells is sustainable. They are on track to meet production guidance for 2006. Entry into Egypt will diversify the co internationally (adds on shore, easier access). Believes they will see an impact in 2007, but it may be 08 before they see any production (in regards to Egypt). Feel solid with guidance of 5-10% reserve growth. Tax rate (book) for 2006 is around 36%. 05-May-06 09:23 ET In Play El Paso CEO appears on CNBC, says goal for FY06 EPS is $1.00 (EP) 13.49 : (Consensus is for $0.95)