Ultra Petroleum (UPL) Message Board

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Gold/Mining/Energy : Ultra Petroleum (UPL)

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To: Bob Walsh who wrote (4818)	11/10/2003 7:36:08 AM
From: Bob Walsh	of 4851

Interesting Post on Yahoo Board: Former Nuevo by: frankwsmith03 Long-Term Sentiment: Strong Buy 11/09/03 11:48 pm Msg: 5280 of 5282 As a Nuevo Energy Company employee, I worked for Mike Watford from late 1995 until he was let go by it's Board of Directors. Mike knows how to create value and knows how to run a company. It was a sad day for us Nuevo employees when he left, but "Success is the Best Revenge". I've witnessed Nuevo decline in value while UPL has increased in value. I just wish I could have purchased UPL sooner, but I had to get my rollover completed. I have an MBA (Finance) and nobody can provide me with any investment that has as much potential as this company. There are safer investments, but as Warren Buffet said business school teach "How to be average". Portfolio Theory talks about risk and diversification, but Warren Buffet (The World's Greatest Investor) says "Buy What You Know". I've bought into what I know because I also have a Master Degree in Petroleum Engineering. This is a growth stock so it should have a high P/E - didn't Microsoft, Intel, Cisco, Compay, etc. My belief in this company is so strong that I have put my entire 401k roll-over into this company. I know Mike, one of the people who currently work for Mike was my boss and I also like the tremendous potential that this company has. Short term stock price adjustments are natural, but an individual can't time daily price fluctuations. I recommend the stock to everybody I know. This stock made my brother a millionaire (the first in our family). I'm in for long-term. The best is still ahead. A brokers' opinion is just one person's opinion. I prefer the fundamentals. Warren Buffet again (Value Investing) "Buy an Undervalued Stock and Hold It".

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