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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: JoeinIowa who wrote (22374)	11/25/2000 5:22:17 PM
From: Sergio H	Respond to of 29382

Joe, I think that the larger NG players have had a stronger move than the smaller guys, a good indication that the rally is still in an early stage. There's a good article in today's BizWeek (www.businessweek.com) detailing the rise in NG's price and forecasting higher prices. Details include the lack of supply, the increased drilling and the increase in demand. The story is as depicted in other articles that you've posted previously on this thread. There was other interesting data, for example, new home construction in the US is utilizing gas heating in over 60% of new homes under construction or recently finished. Other data in the BizWeek article paints a compelling picture fpr NG stocks, particularly as these stats are outpacing the US Dept. of Energy's forecast for the next two decades, in a report compiled last March. I'll post the USDE report for anyone interested.