Message-ID: <14777149.1075852713354.JavaMail.evans@thyme> Date: Wed, 23 May 2001 08:25:46 -0700 (PDT) From: john.arnold@enron.com To: steve.lafontaine@bankofamerica.com Subject: RE: aga forecast Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Arnold, John X-To: '"Lafontaine, Steve" @ENRON' X-cc: X-bcc: X-Folder: \JARNOLD (Non-Privileged)\Arnold, John\Sent Items X-Origin: Arnold-J X-FileName: JARNOLD (Non-Privileged).pst are you on msn messenger. i think i'm set up with it. -----Original Message----- From: "Lafontaine, Steve" @ENRON [mailto:IMCEANOTES-+22Lafontaine+2C+20Steve+22+20+3Csteve+2Elafontaine+40bankofamerica+2Ecom+3E+40ENRON@ENRON.com] Sent: Wednesday, May 23, 2001 8:45 AM To: jarnold@enron.com Subject: FW: aga forecast hey johnny-my numbers. i think next week more like 105 ish but we'll see. any thots on flat px here? i still say med term lower to the low 3.00 area/maybe lower. wud you please get on bloomberg or yahho inst messanger we can mkt chat w/out a 3 day lag????? fyi-our end user buying has stepped outta the way now on this lower px level. so less support from them. good seeing you the other nite-wud have liked to have gone out w/you guys but early meeting sat regards > -----Original Message----- > From: LaFontaine, Steve > Sent: Tuesday, May 22, 2001 12:09 PM > To: 'rpetrol@aol.com' > Subject: FW: aga forecast > > forecast > > aga forecast > > this week next week same week last year y on y > deficit > boa 118 115 55 > -23 > pira 110 ? 56 > +36 > > we should be going from deficit to year on year surplus by this time next > week. the 7 year average for inventory this week is 1155 vs our projection > of 1195. this will continue to be taken as very bearish given current > prices are still well above the historical average price implied by that > inventory level.