Stockchase Opinions

David BaskinEl Paso CorpEPBUYMar 24, 2004

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.
$6.62

Stock price when the opinion was issued

$2.73

As of Jun 03, 2026. Market Open.

oil pipelines
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DON'T BUY
His model price is $15.33. A -16% differential. Sees a lot more value elsewhere.
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.
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.
TOP PICK
Hasn't done well. Fell prey to the investment bubble. In a recovery mode and getting back to basics. Good management.
SHORT
Had a spate of bad news with reserve write-offs. A screwed up management team.
TOP PICK
DON'T BUY
A troubled company. Would prefer companies where there is visibility of earnings.
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.
HOLD
A turnaround story. Heavy debt load.
WAIT
A ruling is coming up in a week or so on the California issues, so wait. If you own, continue to hold. Prospects are improving.
DON'T BUY
Can find better values elsewhere.
DON'T BUY
Trying to become a pipeline Company. Have had a lot of credit problems. Plagued with problems. Will survive, but short-term visibility is not very good. Have to get their balance sheet in order.
DON'T BUY
Gets out of one mess and into another. Earnings outlook has fundamentally collapsed. Fair Market Value is about $5.
DON'T BUY
Stock has done well, but after selling off their good assets, there won't be big growth.