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Gold/Mining/Energy : Strictly: Oil and Gas Exploration Companies -- Ignore unavailable to you. Want to Upgrade?


To: Robert T. Quasius who wrote (21)8/7/1998 3:52:00 PM
From: SliderOnTheBlack  Read Replies (1) | Respond to of 318
 
Robert Q - you are a ''true believer'' in EVER - how could you resist not taking some profit ?

Even in say EVI, which is a core long term holding for me in the oil service sector - I would sell 60% +/- of my shares on a run like you got from EVER; in that I could have some ''free'' shares and some cash to buy my ''next'' EVER and continue to let the EVER ride - with virtually no cost basis after taking that kind of profit... allthough selling now; would be imprudent - maybe last Oct - Dec... You must see substantial upside yet... what is your target price ? ...not criticizing you, actually complementing you on your faith !

Ps; on PETD - I can not find any analyst info ? - do you have any info from any analysts on PETD ? I continually hear good things on them. A similar company is MEXP a new IPO of a long time family run E&P company with projects in PA & MICH... very cheap - no debt , selling a low cash flows - good margins & excellent insider buys and came public this spring at the worst possible time...check it out & give me your comments - a sleeper I think.
Some analyst announced today via a CNBC quote that BR & APA among others, (touted the nat gas sector) were great values as they were selling @ 5 x cash flow versus historic levels of 10 x cash flow being fair value. Where has she been the last 3 months? ! We have some like CEWI or POG selling @ 1 1/2 - 2 x cash flow !