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Non-Tech : $2 or higher gas - Can ethanol make a comeback? -- Ignore unavailable to you. Want to Upgrade?

To: richardred who wrote (2214)	4/11/2007 10:54:20 AM
From: richardred	Read Replies (1) \| Respond to of 2801

VeraSun cut at UBS, shares vulnerable to pull-back LONDON (MarketWatch) -- UBS downgraded ethanol maker VeraSun Energy Corp. (VSE : to reduce from neutral, saying the recent 40% rally in the shares has been fed by gains in oil and gasoline in part due to a decline in corn costs. The broker told clients that as oil recedes and corn steadies, it believes VeraSun shares could be vulnerable to a pull-back. UBS added it doesn't believe the company's stock deserves the significant premium to its peers and said the valuation gap with Aventine Renewable Energy (AVR . marketwatch.com