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eik

12/20/08 8:33 AM

#3822 RE: gold80302 #3821

WHX was up ~10% on Friday with comparatively high volume. Of course, current oil prices affect all producers, but WHX hedged big part of the production till 2012 (with bottom ~75-80 for oil and ~6+(?) for NG). 4th qrt distribution should be lower than previous two, but still somewhere in ~ $1/sh range. I need to confess that, because of limited funds I currently play in the market, I am trading all even fundamentally sound stocks. In four years oil price will be back up, and WHX will return wrongjoe all his invested money and more. :)