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


To: Alski who wrote (22054)5/15/1998 7:43:00 AM
From: Big Dog  Read Replies (1) | Respond to of 95453
 
Alski -- Don't know anything about CHK. Sorry...but FYI, Big don't put much stock in that T&A voodoo.

big



To: Alski who wrote (22054)5/15/1998 10:20:00 AM
From: Timelord  Respond to of 95453
 
Alski: Used to own CHK and finally sold at $5 at a loss because I decided it was dead money and only going to get worse. It's a good company and may pop a little but I think short term its a heart breaker. If you're a good trader, you make make a few $ on some fractional gains. However, they're barely breaking even and missing earnings estimates, and its a commodity based business. Most of their production is Natgas, look at the price chart for same and draw your own conclusions:

iepstein.com

Much better prospects elsewhere, IMHO.

Alex