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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Merritt who wrote (30237)7/24/1998 8:28:00 PM
From: Joan Osland Graffius  Read Replies (2) | Respond to of 132070
 
Hi Merritt, >>speaking of gas.

For your information I started my yearly natural gas play a little early.<ggg> I bought my 1st third position using PPP, BR and APC. I bought them last week with bids at the 52 week low...well need I say more this position is under water. I am going to be patient here before I pick up my second third. These stocks don't look like they are going to get on fire and go up for a while. They are trading like we are not going to have any snow or cold weather in Minnesota this winter.<ggg>

Joan



To: Merritt who wrote (30237)7/25/1998 10:30:00 AM
From: Knighty Tin  Read Replies (3) | Respond to of 132070
 
Merritt, there is no use pretending that these stocks are investments at this point in the cycle, so I'd go with Swift Energy. I like the fact that they are using the lull in prices to add greatly to their reserves. Coastal is a good co., but I think Swift is more leveraged to the upside, and that is what I prefer here.

MB


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