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Gold/Mining/Energy : Ultra Petroleum (UPL)

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To: A. Wayne who wrote (4745)1/11/2001 3:11:08 PM
From: Michael Perrault   of 4851
 
>>>>Everything seems to be going right for the company now. I think we have a very good chance of seeing the old $9 high.At least the fundamentals are far superior than when UP was $9.<<<<

Wayne,

Thanks for your honest and insightful response. I've followed UP since 1996. Bought in, sold out at par, and then jumped in again. There is no longer any logic to the market that I can see. Its SELL ON NEWS: good, bad, or indifferent. Todays action seems to support that theory. I'm not selling and if this stock takes a real dip I will probably increase my humble position.

All the best for 2001

Michael
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