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Gold/Mining/Energy : Ultra Petroleum (UPL)

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To: Bob Walsh who wrote (4628)6/19/2000 2:22:00 AM
From: Jeannie Dixon  Read Replies (1) of 4851
 
Let's hear it for the "old posters/old lurkers". I, too, am still around, and still long at about $3.50Cdn. I've haven't lost a wink of sleep about it and have always believed that when resource stocks eventually started to turn around again, Ultra would be one of the first to move, basically because they just own/share in too many properties in a very promising area not to succeed. I don't post very often, because I'm don't feel that keep track of the drilling data all that well - but I really enjoy and learn from everyone's individual opinions and analyses. Ultra has been good to me - yeah, I did some profit taking, and I'm glad I did - that's why you buy stock, to eventually sell them someday. I also took some of that profit and put it back in - knowing full well that it may go down before it went back up. To date, I am very pleased with the new management, and the "in the black" balance sheet. Keep the cash flow going and Ultra will keep going up - which is more than a lot of tech stocks are doing. Lack of cash flow eventually kills a company. Glad to see that Ultra has got more than gas flowing, and glad to still be an Ultra shareholder. Let's hear from some of you other old timers!

Jeannie
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