Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: kfdkfd who wrote (4667)	6/30/2000 7:40:27 PM
From: kfdkfd	Respond to of 4851

Today broke through the high of almost 2 years. August 98, UP hit $3 briefly.

To: kfdkfd who wrote (4667)	6/30/2000 8:00:03 PM
From: Bob Walsh	Read Replies (1) \| Respond to of 4851

Perhaps people/investors are taking a good look at UP. Here are the positives: they are now lean (and I hope mean re business dealings), they are drilling mostly (or perhaps all) their own wells, the downsizing has been approved, cash flow and earnings are positive and growing, current gas prices are excellent, and reduced drilling/completion. Depending on the number of successful wells drilled this year coupled with an apparent 6 to 8 month payout we may well see a cash flow and earnings growth attracting institutional buyers. If and when Pinedale starts to hit will also greatly add to the value of UP. Regards, Bob