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Fred Kadiddlehopper

09/16/08 5:11 PM

#78387 RE: Trueheart #78351

Trueheart, I disagree with your thesis that there is "Not as much money to spend on projects (throw around)."
In the last few days I've heard more than one analyst state that there is an "ocean of money" sitting on the sidelines right now. The owners of that vast horde of cash will always be looking for fruitful ways to employ it on pain of watching it shrink due to the inevitable ravages of inflation. Investors will be back in the market the second it becomes clear that all of the over-leveraged over-valued froth is wrung out of the market. I believe that this can happen very quickly depending upon the decisions made by "the deciders" over the next day or so. IMHO, when it does get unleashed, the flood of capital will eschew opaque, esoteric and, as we have seen, dangerous investments like securitized debt and instead will be seeking transparent and easy to understand endeavors like oil production. Solid cash generators like DPDW will most certainly be in favor when that time comes. (Sorry for the mixed metaphors LOL!)
Good luck!
-Fritz