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To: James Cherney who wrote (43205)4/25/1999 1:03:00 PM
From: SliderOnTheBlack  Read Replies (1) | Respond to of 95453
 
James C; ie: PZE - an excellent choice for a longterm hold

...this is not to say that it's short term prospects are not solid, it is still undervalued here without any question, but it could continue to bounce from $10-12 before building a base in the high teens very soon if we see crude remain stable.

PZE has a realistic bottom of $10ish here, even if Crude Oil retraces a dollar, or two. I think it is a tremendous longterm buy & hold choice - one of the best.

Michael Price , Mario Gabelli (another of my fav' s) and many other savvy value players have PZE near the top of their lists. For someone who doesn't want to ''trade'' here and still wants substantial upside - PZE is a ''must own'' imho.

A very, very strong buyout candidate shortly when the ''sustainability'' issues of Crude Prices are known and OPEC compliance is a known entity... a great, great choice and it will be/is (changes with those $10-$12 two day moves) a MAJOR holding of mine fwiw...

I love PZE !