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To: Douglas V. Fant who wrote (52933)10/13/1999 4:48:00 PM
From: Think4Yourself  Read Replies (1) | Respond to of 95453
 
If you're right about prices, it sure will be a shame (again) that so many companies have already hedged their winter production in the $2.60-$2.90 range. They will look as bad in a few months as their summer hedges make them look now.

If only there were a company with the cahoneys not to hedge production....



To: Douglas V. Fant who wrote (52933)10/13/1999 8:44:00 PM
From: James Cherney  Respond to of 95453
 
O/T...Doug V....SEMX & CSGS

Still hangin in; 5.5k SEMX w/ basis $4.3 GTC 2.5k @ $8.375

CSGS, Pru-Bear cost us a qtr in dead money IMHO...1.1k $26 basis and looking for $37-38 short term...$50s 9-12mos.

What about ICO? Are you a buyer here...Appreciate your take on these three

TIA...jrc


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