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

To: articwarrior who wrote (40556)	3/22/1999 9:38:00 AM
From: articwarrior	Read Replies (2) \| Respond to of 95453

Closer examination into RRC insider action shows some selling action... Insider Trades - Range Resources Corp (NYSE:RRC) Updated: 20-Mar-99 Date Name Action Shares Type Price Value 16-Feb-99 SLIVA CATHERINE L Planned Sale (144) 22,500 Common - $45,000 16-Feb-99 RONCA MICHAEL V Planned Sale (144) 75,000 Common - $150,000 20-Jan-99 NEWHOUSE HERBERT A Planned Sale (144) 20,000 Common - $67,500 31-Dec-98 ZAGORSKI WILLIAM A Planned Sale (144) 1,250 Common - $4,099 31-Dec-98 LESTER RICK G Planned Sale (144) 20,368 Common - $61,000 31-Dec-98 RONCA MICHAEL V Sold (S) 2,000 Common 3.44 $6,880 30-Dec-98 LESTER RICK G Planned Sale (144) 5,000 Common - $15,000

To: articwarrior who wrote (40556)	3/22/1999 9:50:00 PM
From: Razorbak	Read Replies (2) \| Respond to of 95453

Forcenergy Inc. (NYSE:FEN) - Chapter 11, 3/22/99 <<There is a major problem with using the Altman evaluation model of bankruptcy for predicting BK of oil and Gas stocks. New evaluations of assets based on a sliding scale of commodity prices have artificially depressed asset value. Most company reports released recently has suffered from this effect. The price of oil and gas is a major weight in calculating NAV. Better to look at Moody's bond ratings and adjustments of bankruptcy risk then the Altman model for Gas and Oil stocks>> #reply-8462255 members.aol.com Razor