Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (51496)	7/9/2004 1:03:27 PM
From: pezz	Read Replies (4) of 74559

Wullll.....Ahhh...hummm.....I admit it ain't my usual thing but a. I wanted some exposure in the energy field just in case I needed a hedge b. I did some standard DD and found that they a sound company with lotsa cash flow and a lotta leverage in the Natural Gas area c. heard an interview with the CEO and wuz impressed. d. Heard an interview with a very respected oil expert who wrote a book on energy and he said that world gas supplies are runnin out and in fact will soon "fall off a cliff" e. This morning on cnn some talkin head claims the US is gonna soon be in big trouble with NG as demand is out strippin supply f. I've been watching the tape for the past few weeks and have been very impressed . especially yesterday when inventories were higher than expected and still the stock held up. g. tooka flyer

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