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Gold/Mining/Energy : Ultra Petroleum (UPL)

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To: upultra who wrote (4749)1/26/2001 8:47:43 PM
From: Bob Walsh   of 4851
 
Hi riker. Yes pieces are falling into place. I have waited a long time (from June 1996) and I will continue to wait since we do appear to be moving in the right direction. I remember a poster named Elizabeth who was right in that the stock was overvalued when it was selling for 7 to 9 dollars since at that point there was only negative cash flow and pure speculation. Today there is still a speculation portion BUT we have proven reserves and a excellent positive cash flow which is improving almost on a logarithmic curve.

Regards,
Bob
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