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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: isopatch who wrote (1307)9/10/2001 3:39:11 PM
From: Cogito Ergo Sum  Read Replies (1) | Respond to of 36161
 
Hi Isopatch,
This NCN news just reaffirms the value of being patient and waiting till later this year for both shoulder season pressure and tax selling by individuals to play out in the 4th quarter. Be interesting to see how close Frank is with his early Dec ballpark time frame.

As I posted to frank (last week ?) he and I are not really too far apart on what we're hoping for here. We just may not use all the same vehicles. :o)

regards
Kastel
a cute and cuddly Canadian



To: isopatch who wrote (1307)9/10/2001 11:57:31 PM
From: rails99  Respond to of 36161
 
Iso: Re.: EOT

Used to own a lot of it back when it was going from 15 to 16.50. Have not held any shares since May. Have been truly amazed at the share price climb to 22.00 or so, as of late. Even after a recapitalization announced in last few days, the pipeline/delivery company share price kept climbing today. Looking for big retreat any day. Since it relies mostly crude products, it has held out rather well with strong price appreciation. May be more to the story than just nice dividends, could be a spinoff of shares coming, if ENE has to unload it. Will look at it again, the next time it may become a share price that I can not resist. JMHO.

Thinking tonight about the travesty of decent companies that get ravaged and raped (for various reasons- such as "to unlock hidden values"), by their own Directors and Principals, during bubbles and collapses.

Rails