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Gold/Mining/Energy : Chesapeake Energy CHK -- Ignore unavailable to you. Want to Upgrade?

To: Aquaman who wrote (393)	7/17/1998 5:53:00 PM
From: Richard L. Williams	Read Replies (2) \| Respond to of 726

Hi, EK-- Glad to see you are bullish on CHK. My stock club is into this stock for 30% of our portfolio, and at an ASP of 6 3/4, we are taking a licking, to be sure. What do you make of CHK seeking a buyer? That seems to me that management is throwing in the towel. And who would buy such a debt-ridden outfit? Why all the talk of oil? Isn't CHK 80% a natural gas outfit? That is what makes me really wonder about its fall...it doesn't make any sense. Thanks for your input! Rick