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To: Razorbak who wrote (87376)	2/15/2001 11:56:08 PM
From: Razorbak	Respond to of 95453

Classic Excerpt This was my favorite part of the article... sonodoc-guest : What are Gov. Davis' chances at re-election? CSEonTSC: Lights out CSEonTSC: Seriously, I think it depends on how he solves the crisis, if he can. He has moderated his position. What I think I can say is that I think the way he has handled the situation will severely limit his national political appeal. RM_DanP: If the people in California ever realize what a difficult situation they are in, he is toast -- a personal opinion -- the public always looks for someone to blame. Razor

To: Razorbak who wrote (87376)	2/16/2001 12:12:35 PM
From: isopatch	Read Replies (1) \| Respond to of 95453

Thx for posting Pickering chat, Razor. NG price assumptions Simon's & Co. are using certainly support the contrarian stance a very small number of us here have consistently pushed on this thread since early January, as we new discover?(ggg) "Simmons is using...$4.30 per mcf for gas. We are probably a bit above consensus....". Looks like the perma bulls here now have Simmons defecting from the fully invested, max margin and ride the NG E&Ps to the sky mentality. No doubt they will be taking their stock away from them near the bottom when they're smothered under a mountain of margin calls(g). But when I think about it? Also owe a perfunctory much obliged to the perma bulls. Where would we be without losers who consistently buy from us near major tops and sell back to us near major bottoms after the market literally forces them out of their positions?! The names and faces may change from cycle to cycle. But the game is always the same. The smart, experienced money always wins. Isopatch