-----Original Message-----
From: Zivic, Robyn 
Sent: Thursday, October 11, 2001 11:06 AM
To: Arnold, John
Subject: RE: Pira


Low is seen ie 1.83 but contango needs to come out of curve so q1 has more downside from current but no lower than e seen in NGV1

Further out - will fax u price target slide, 
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