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Gold/Mining/Energy : Natural Gas Plays -- Ignore unavailable to you. Want to Upgrade?


To: Ross Orr who wrote (8)4/7/1998 12:13:00 AM
From: stanley new  Respond to of 33
 
I just recently learned of a mutual fund named American Gas, in the Rushmore family of funds. It is a pure natural gas co. play as far as I know. It has returned 20+% the past two years, with longer term being less. Rather interesting looking fund for those interested in gas. I know that Fidelity and some other majors may also have such funds.



To: Ross Orr who wrote (8)4/7/1998 1:46:00 AM
From: Cyrus  Read Replies (1) | Respond to of 33
 
This is what I am talking about Ross. While the natural gas price is breaking new records with nothing but an excellent forecast for the next several years, investors are ditching the stock because of the oil price situation. Normally I buy petroleum company stock in the late summer and sell about January. Last year I did not purchase any because of inflated valuations and the situation in Iraq. This year I belive will be as sweet as it gets, if the company purchased produces a large ratio of natural gas vs, oil.
Darrell