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To: ild who wrote (106148)6/3/2001 2:53:41 AM
From: patron_anejo_por_favor  Read Replies (1) of 436258
 
<<Patron, What's your opinion on NG stocks?>>

I'm not as bullish as I was on most of 'em as this time last year, especially the exploration/production sector and the NG royalty trusts (with a couple of exceptions like BR and AOG that could be takeover candidates). I think prices on the NG futures will hover in the 3.60-5.00 range this summer, in part due to increased drilling and the effects of general economic slowing. Companies in services will do OK, but not with the big time growth they've had over the past 18 mos. Longer term they should do well, especially pipelines and the service cos that focus on gas (KEG, PDE are faves if we get a good dip over the summer).
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