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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: quehubo who wrote (19944)	3/8/2003 12:44:36 PM
From: jim_p	Read Replies (1) of 206131

que, A lot of us have been wondering what the impact of the high NG prices would be on some of the utes. The trading loss was a one time item from someone's bad judgment. The more important message on RRI is that they lost $.27 a share on the trading screw up, and only lowered guidance by $.10. I think that says a lot about the effect the high NG prices is having on RRI in the first Q. Now I have two of the uncertainties on RRI gone which makes me feel better. My share of the $80MM screw up is about $60K, so the news to me is about the same as telling me someone came and took $60K out of my checking account and would like to thank me for the money. Still long and plan to stay that way. Jim

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