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Naztrader

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Alias Born 07/23/2003

Naztrader

Re: None

Thursday, 09/25/2003 12:51:20 PM

Thursday, September 25, 2003 12:51:20 PM

Post# of 12022
UPL.............................................................

Ultra Petroleum - UPL: In @$14.38 average. Natural gas stocks will likely continue to move higher as we approach the winter months, when this sector generally trades higher. UPL is my favorite in this group. Today UPL traded at another new 52-week high intraday and should move on up to the $20 level within the next 6 to 12 months. Will add on weakness.

Others to consider in this secotr are Western Gas Resources (WGR) and Patina Oil & Gas (POG). Both are considerably more expensive than UPL however.



Regards,



Naz


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