Replies to post #169 on Meridian Resources Corporation (TMR)

[Tr8dervic]

Q4 and 10-K will be reported on or slightly before 3/16/09.

Even though they will show a big loss in q4, they will still be cashflow positive. I expect Q4 discretionary cash flow to be ~15 mil or .15 to .16 per share.

After the writedown, they will begin to again show net income starting in Q1/09.

If it sells off due to the noncash loss, I would buy more. I bought 30k recently at .55-.57 and will sell it on any spike prior to the 10K if...

Otherwise I'll add more incrementally every nickel or so down.

Breakup value is easily over 1.00, so I feel pretty safe with this one working out sooner or later.

Good luck,

Vic