We have a message for the skeptics and the cautious: the scales have tipped in favor of the exploration and production stocks. Many analysts now believe the upside potential of the E&Ps far outweighs any remaining downside. Some go so far as to predict that the E&Ps will outperform the broader market during the next 12 to 18 months. We strongly believe astute investors should begin to build their positions in these companies now, anticipating a robust 2003.
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