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Strategies & Market Trends : Value Investing

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To: Ken Ludwig who wrote (9429)	12/27/1999 11:04:00 PM
From: Paul Senior	of 78683

Ken Ludwig: I can't find much I like in the oil/gas sector right now. I still occasionally look at I/O but I'm too uncomfortable and ignorant regarding the business to understand why it might be a buy (other than very low price/book value and very low stock price). I've just started a very small position in WMB because their oil/gas/transport business is buffered by their 85% WCG holding - or so I would like to believe. Paul Senior

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