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Non-Tech : CommodityPriceActivity
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To: Joan Osland Graffius who wrote (51)9/22/2002 7:47:37 PM
From: 249443   of 77
 
re: coal stocks

Hi Joan. I've beening adding a little bit. I have holdings in a lot of commodity firms: natural gas, oil, gold, coal, real estate, etc.

I try to only buy the industry leaders whom have the best industry balance sheets.

I concur that coal is tempting at current levels. Long-term I favor natural gas because it is cleaner. Penn-Virginia, a coal firm, recently received a bid -- but nothing so far has come of it.

Good to hear from you.
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