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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: debra vogt who wrote (14787)3/13/1998 7:40:00 PM
From: PartyTime  Read Replies (1) | Respond to of 95453
 
TTG hasn't been around a long time. What do you think will happen, after such a good find?



To: debra vogt who wrote (14787)3/14/1998 11:35:00 AM
From: Lucretius  Read Replies (2) | Respond to of 95453
 
I've heard of TransTex Gas, but nothing special. anything in the gas arena should do well. I think alot of E&P co's are undervalued relative to something like this though. The gas play is not unknown and is growing more popular. Consequently, those "advertised" as gas plays have a certain amt of the play already priced in. Small E&P's like UNT, NEGX, etc. have almost 90% exposure to gas, yet their stocks have dropped as if they were only an oil producer and are relatively unkown. I think this is where the values are. Plus, I generally try and stay away from anything touted on CNBC by guests. At that point, if you don't already have a position. More than likely, 1/2 the upside is gone at best.

-Lucretius