Capital Alliance (CPT)

[KastelCo]

Hi Tackler,
I just did a quick skim of the last financials on Viking. Seems to me they are not great hedgers (for 2003 at least). On an encouraging note they are still only 10% hedged for 2004, a 'zero' change from the last quarter. So now the questions in my mind are:
Will they hedge better in 2004 ? Buy..
Will they not hedge much and and energy remains high ? Buy..
will they hedge poorly again ? Better choices exist..

At this point I remain the same ... I'll give them a shot under 5... Maybe just under ... maybe 4.75-4.90 .. a couple of months distribution difference..


EDIT ... sometimes the spidey sense (or the Juggernaut sense) says buy it anyway dummy... If I do I'll post it..