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Gold/Mining/Energy : HRZO - Horizon Offshore, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: ldo79 who wrote (29)	3/13/1999 1:30:00 PM
From: freddie	Read Replies (1) \| Respond to of 41

Ido, Agreed. It's the price of oil. Been in and out of this one since IPO. Finally getting into black. Love this as I see natural gas activity in the GOM, picking up very quickly. Gas reserves are depleting fast. If no one drills, the price is going to go crazy. Let 'em find it, we'll lay the pipe and bring it into production. One stock I like in this sector, strictly as speculation, is RRC. They have 13 years of reserves, have or are in process of restructuring debt, and will probably survive. I think it's a potential 5-8 timer over the next 2-3 years. Predominately Nat Gas. freddie