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Re: lentinman post# 24827

Friday, 10/07/2005 10:05:10 AM

Friday, October 07, 2005 10:05:10 AM

Post# of 173915
wade....I mean Lentinman I understand your point. The market will do what it wants to do. I can't always anticipate the move within the move within the move.

That's why I try to find profitable stocks with good fundamentals and low p/e. In this particular case, all my talk of mmcfpd, reserves, Peak Oil, LNG,etc. may have camouflaged my efforts. But my target remains the same.

I am attempting to find stocks where the market has underestimated earnings. I believe that NG is more than a one time event based on the hurricanes. I think there will be ongoing incremental earnings growth going forward. That should elicit a positive stock price reaction over time.

In this case, I believe that NG will continue to surprise to the upside over time. Even flat or declining prices are ok for periods of time if my choice of exploration companies is solid and they find more gas than they produce and continue to increase production. Just like any industry, they need to continue to increase revs over time.

Sticking with my guns for the near term until proven wrong. Granted, I will have to wait until the depths of winter to see if I'm right. I am willing to take that risk. I think NG stocks have good chances for positive earnings news and better chances than many/most other industries.

Bobwins

Please post stock symbols first in all your posts. If it's a foreign stock, please list the US pk equivalent symbol.

If the Commodities Boom is Over, I am just a Gold Bug headed for the Windshield of LIFE

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