Stockchase Opinions

Norman Levine El Paso Corp EP-N DON'T BUY Mar 12, 2004

A troubled company. Would prefer companies where there is visibility of earnings.
$6.950

Stock price when the opinion was issued

oil pipelines
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

You might be interested:

HOLD
A turnaround story. Heavy debt load.
BUY
Have gotten into trouble. Company is focusing on paying down debt. Good pipeline and exploration. $12 target in next 6 months. $14 target in next 12 months.
BUY
Have shed some assets and have gotten past the problems that plagued the sector. A quality name. Volatile. Doesn't think you can get too badly hurt at this price.
TOP PICK
SHORT
Had a spate of bad news with reserve write-offs. A screwed up management team.
TOP PICK
Hasn't done well. Fell prey to the investment bubble. In a recovery mode and getting back to basics. Good management.
HOLD
Trying to build a base and trying to trend higher. Probably the worst is over. Wouldn't buy but worth holding on to it.
WAIT
A great story. Still has tons of debt. Will probably make it. Has still not filed its 10K from 2003. Wait for a month to see if their numbers are clean.
DON'T BUY
His model price is $15.33. A -16% differential. Sees a lot more value elsewhere.