RE: aga forecast ,
 i think i've got yahoo somewhere on my computer.  i'll try to find it.  expecting 110 today.  still think we're not at fundamental equilibrium but scared that, as much as i hate technicals, the wave 3 is over and we can do some serious chop here.  if we didnt have expiry in 4 days i'd be worried about a short covering rally.  however, i think the market is going to have a hard time placing the baseload gas this month.  the storage guys are all above their targets right now and expect them to back off relative to last month.

 -----Original Message-----
From: 	"Lafontaine, Steve" <steve.lafontaine@bankofamerica.com>@ENRON [mailto:IMCEANOTES-+22Lafontaine+2C+20Steve+22+20+3Csteve+2Elafontaine+40bankofamerica+2Ecom+3E+40ENRON@ENRON.com] 
Sent:	Wednesday, May 23, 2001 10:30 AM
To:	Arnold, John
Subject:	RE: aga forecast

no yahoo and bloomberg professional. the entire oil industry on yahoo. ill
have a hell of a time getting on another syetm due firewall issues etc.you
know coprorate america as you pted out. im getting a few natgas guys and
brokers on yahoo as well. steve_lafontaine if you can get it loaded. get a
bloomberg terminal-can share news stories etc-excellant fundamental dat base
as well. worth the price and alot of managed money uses as well.

-----Original Message-----
From: John.Arnold@enron.com [mailto:John.Arnold@enron.com]
Sent: Wednesday, May 23, 2001 11:26 AM
To: LaFontaine, Steve
Subject: RE: aga forecast


are you on msn messenger.  i think i'm set up with it.

    -----Original Message-----
   From:   "Lafontaine, Steve" <steve.lafontaine@bankofamerica.com>@ENRON

[mailto:IMCEANOTES-+22Lafontaine+2C+20Steve+22+20+3Csteve+2Elafontaine+40ban
kofamerica+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.
steve.lafontaine@bankofamerica.com