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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Clappy who wrote (46972)	1/24/2002 11:45:50 AM
From: Jim Willie CB	Read Replies (9) \| Respond to of 65232

NWAY pulled off a reverse merger for instant Naz listing given their small status, they wanted NSDQ listing fast so they bought a casino business, made it a subsidiary, changed the parent name to NuWay Energy, changed the symbol to NWAY, and sold off the casino business very clever, with the books made clean completely this year only problem is it must now remove obscurity but the analyst recommendation of this deeply discounted oil/gas growing firm will make that happen the casino and cigar business is ALL GONE, sold off I was highly amused by this artifact also the early January news release was to clean up restricted shares by old casino owner, one of a few they are all gone now ignore all references to past firm before summer 2001 Monday's news release about Mendell Energy acquistion and Swingle as Chief of Engineering is exciting news to me the November news release about NewMexico Raton Basin is huge to me coalbed methane extraction is a norisk production effort Evergreen Resources is working next door check out the path of the EVG stock price, from 2 to 40 next comes a news release summarizing all contracts and production underway then comes the recommendation by an independent oil/gas analyst they are my favorite, since not influenced by brokerage houses I am unsure who he is, but my guy is confident about the recommendation coming sometime in February I heard about it from a friend of a friend who follows this company with almost daily correspondence with VP's and execs within the company he lives out in Orange County, where NuWay is located he also talks to market makers, those shady guys apparently, MMkrs have a medium-sized short position now that will be squeezed yes, I read all 20-pages of SMU's Ravi Batra's economic outlook report last autumn scarey stuff but his next prediction is for a slide in the USdollar I fully expect the same launch of euro, sale of USBonds by Japanese, minor inflation during early recovery, unprecedented money supply infusion by Federal Reserve, poor competitive position by US exporters the Fed will win the battle against deflation, and the price will be minor inflation as for the imminent decline of the US econcomy and worldwide influence, seems farfetched unless our recession turns into a depression our debt levels could make it happen, but I doubt it another couple World Trade disasters or a biological attack could make it happen, but I doubt it / jim