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

To: kirby49 who wrote (3354)	10/30/2001 10:59:29 AM
From: Frank Pembleton	Respond to of 36161

Bob, M&A means mergers and acquisitions -- the basic premise of my move into natural gas was based on fundamental analysis. I felt I couldn't lose, win-win, we are in a situation where the unexpected can happen. If the economy turns around and shows some growth, it will be bullish for energy. If it doesn't? We dig deeper into war, with the grand possibility of supply disruptions. Let's not forget that base line energy production is still running at max capacity, just one major accident, one major terrorist attack on the energy infrastructure will have the corporate types investing in co-generation -- via natural gas. As for OPEC, dropping crude prices will only cause more conflict in that region -- the news turn bulls into bears and back again...time will tell. Regards Frank P.