Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Condor who wrote (31787)	4/29/2004 12:26:54 PM
From: excardog	Read Replies (2) \| Respond to of 206323

This might be of interest my disclaimer is I have not done any DD as yet so look before you leap. My opinion would be it's cheaper to play an ETF type vechicle over the long haul than a mutual fund. PEO also fits this description: Tortoise Energy Infrastructure Corporation Announces Initial Public Offering of Common Stock Wednesday February 25, 3:45 pm ET OVERLAND PARK, Kan.--(BUSINESS WIRE)--Feb. 25, 2004--Tortoise Capital Advisors, LLC today announced the initial public offering of common stock of Tortoise Energy Infrastructure Corporation, a closed-end management investment company (the "Corporation"). The Corporation will issue 11 million shares at $25 per share, raising gross proceeds of $275 million -- an amount that excludes an additional 1,650,000 shares that may be issued if the underwriters exercise their over-allotment option. Shares will begin trading today on the New York Stock Exchange under the symbol "TYG". All of the shares were offered by the Corporation. Stifel, Nicolaus & Company, Incorporated acted as book running co-lead manager along with Lehman Brothers, RBC Capital Markets, and Oppenheimer as co-lead managers. The Corporation's objective is to seek a high level of total return with an emphasis on current distributions paid to its shareholders. The Corporation intends to invest primarily in Master Limited Partnerships (MLPs) of energy infrastructure companies engaged in the business of transporting, processing, storing, distributing or marketing natural gas, natural gas liquids (primarily propane), coal, crude oil, or refined petroleum products. The shareholders of the Corporation will benefit from simplified tax administration, as shareholders will receive one Form 1099 rather than K-1s from numerous MLPs. Tortoise Capital Advisors, LLC, formed in 2002, specializes in the management of energy infrastructure MLP portfolios. Tortoise Capital Advisors, LLC and its affiliates have approximately $9.7 billion in assets under management as of December 31, 2003. Collectively, they manage approximately $367 million in public and private equity and public debt securities issued by energy infrastructure companies, including MLPs. Tortoise Capital Advisors, LLC is controlled equally by Fountain Capital Management, L.L.C. and Kansas City Equity Partners LC. Atlantic Asset Management LLC is an affiliate of Fountain Capital Management, L.L.C. In addition to serving as Adviser to the Corporation, Tortoise Capital Advisors, LLC serves both individual and institutional investors through separate privately managed account services. This press release shall not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer or solicitation or sale would be unlawful prior to registration or qualification under the laws of such state or jurisdiction. For more complete information about the Corporation or its common share offering, including charges and expenses, or for copies of the prospectus relating to the offering, please contact Stifel, Nicolaus & Company, Incorporated, 501 North Broadway, St. Louis, MO 63102. -------------------------------------------------------------------------------- Contact: Tortoise Capital Advisors, LLC David J. Schulte, 913-981-1020

To: Condor who wrote (31787)	4/29/2004 1:57:50 PM
From: Larry S.	Read Replies (1) \| Respond to of 206323

Energy Mutual Funds: I own or follow the following: RSNRX - RS Natural Resources PGNAX - Jennison NAtural Resources PRNEX - TR PRice NEw Era UMESX - Excelsior Eneryg ICENX - Icon Energy FSNGX - Fido Select NAtural Gas IGNAX - Ivy Global NR A shares there are several other fido's here is a sort by yahoo of best performing NR funds: biz.yahoo.com State ST is a load fund and closed. PIMCO and Oppenheimer are commodity funds that have done very well recently but don't know that i'd but them for a college education. I really like FSNGX and RSNRX and PGNAX I also prefer actively managed funds rather than ETFs or indexex. i'm glad to pay a good manager his fee. jmho. larry

To: Condor who wrote (31787)	4/29/2004 3:39:10 PM
From: Richard Saunders	Read Replies (1) \| Respond to of 206323

condor - first question may be "why?" Buy & Hold with cyclicals might be a strategy you want to re-think..... usually the idea is to try and buy in the general trough part of the cycle and then hopefully be exiting near the peak. Harder said than done. In canada there is an iUnit run by Barclays, symbol is XEG on the Toronto exchange. Thing is quite illiquid and often less than 100 trades per day. Here are some links. Good luck & keep in mind that buying low always makes it easier to sell higher..... T/A chart -- up trend or down trend? Peak or trough? stockcharts.com[r,a]daclyyay[pc7!c20!c50!b100!c200][vc60][iub14!ua12,26,9][J6530777,Y]&pref=G Carlson's old site linking iUnit detail adviceforinvestors.com Dec.31/2003 fact sheet. iunits.com Barclay's site. iunits.com Canadian regulatory filings (SEDAR). sedar.com GAS FUTURES futuresource.com LIGHT CRUDE OIL FUTURES futuresource.com