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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?

To: Bruce Bland who wrote (7694)	4/30/1999 2:10:00 PM
From: Francois Goelo	Respond to of 52051

SFLK +32%, breaking to the upside! Bullish news believed to be imminent. FG

To: Bruce Bland who wrote (7694)	5/1/1999 7:40:00 AM
From: Bruce Bland	Respond to of 52051

Re:MPET-possible sector play. Triple bottom in place. IMO, this could move if oil sector continues to rise. Magellan Petroleum Corp. Ticker: MPET Page 1 of 10 Complete Financials: December 1998 Exchange NASD FY END JUN ISSUE DATA (04/23/99) PER SHARE DATA RATIOS Price $ 1.41 EPS (TTM) $ 0.02 P/E (TTM) 93.73 52W High $ 2.75 Div. Rate $ 0.00 Yield 0.00 % 52W Low $ 1.13 Book Value $ 0.68 Price/Book 2.07 Shrs Out 25.03 Mil Cash $ 0.49 ROE (TTM) 2.23 % Float 24.50 Mil Rev (TTM) $ 0.52 ROA (TTM) 3.80 % Mon. Vol 0.79 Mil Curr. Ratio 7.30 Beta 0.87 LT Dbt/Eqty 0.00 BRIEF: Magellan Petroleum is engaged, directly or through its majority owned subsidiary, in the sale of oil and gas and the exploration for and development of oil and gas reserves. For the 6 months ended 12/31/98, total revenues decreased 25% to $6.8M. Net loss totalled $115K vs. an income of $536K. Revenues suffered from lower oil prices. Loss also suffered from higher production costs at Mereenie and an unfavorable exchange rate.