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Gold/Mining/Energy : Ultra Petroleum (UPL)

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To: upultra who wrote (4495)11/9/1999 2:22:00 PM
From: NPValue  Read Replies (1) of 4851
 
Annual Report

I purchased this stock at US$3.50 two years ago. Obviously, not one of my smarter decisions. Fortunately, we did not buy a great deal, but any substantial percentage loss hurts.

Yesterday we received the Annual Report in the mail. When my wife and I saw it, we burst out laughing. The front cover has a picture of a dusty road leading to nowhere. How appropriate, we thought! The only better picture would have been one of shareholder dollars being sucked down a drainage disposal.

What a joke this company is.
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