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Gold/Mining/Energy : Ultra Petroleum (UPL) -- Ignore unavailable to you. Want to Upgrade?

To: Gerald Atwater who wrote (4597)	5/3/2000 8:02:00 PM
From: LowtherAcademy	Read Replies (1) \| Respond to of 4851

Gerald , thanks for the heads up on the AEC acquisition. Seems that the move by AEC makes Watford look like a total amateur and an idiot... and now he's got some real tough questions to answer. How could he sell 30-40% of Ultra's upside for $5 million cash and some puny work obligations? Was he simply too thick-headed to understand his own assets? Or was there something else more sinister going on? As long as that idiot in running the ship, I'll be watching from land. Lew