The PennyShac

[Lazarus]

im expecting SPND to have a great quarter...

from the last filing: The average price received for gas in the 3rd quarter of 2003 was $4.95

in the 3rd quarter of 2003 they made .06 per share

im not sure what today's price on natural gas is but in december it was over 7 bucks!

http://www.usatoday.com/money/industries/energy/2003-12-12-gas-spike_x.htm

here is a recent article indicating prices are now at about 6 bucks:

http://www.sltrib.com/2004/Jan/01062004/business/business.asp

and here is the full skinny: http://tonto.eia.doe.gov/oog/info/ngw/ngupdate.asp

having said that - i dont know that i would actually buy the stock at today's price - im just glad to be in on the cheap.

i bet you got some real good oil plays going for you - eh?

Lazarus