Tuesday, March 26, 2002 10:20:28 AM
didn't have details of his participation.
Recieved an investor report last night that goes off
Big Time on O&G companies as the investment to make
into the recovery as demand picks up and industrial
consumtion grows. I know common sence but it's still
good to see in print...LOL
Had something interesting to say about Russia, the report
claims that Russia's ability to add to global stock piles
is directly a result of a decline in regional consumption.
They claim once eastern Europe regains traction Saudi Arabia
may drive prices back through the roof and predicting we revisit that ugly 30 something range.
We really need to hear that Aspen can generate significant Free Cash Flow to capitalize on drillable assests. Management may find some redundancies to eliminate to improve that scenario.
STL
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