Have tax pools of more than $6 million, so if they stay in the trust structure they would be tax-free until about 2013. The company would like to convert to a high yield exploration company which would yield about 4%/5% and hope that capital gains would offset the difference from low interest rates to the distribution rates.

Good trust for current economic conditions. Doesn't know what their strategy is, i.e. converting to a corporate structure or leaving it in the current format. If they convert, will their cash flow increase sufficiently that the increase between now and 2011 will more than offset the tax implementations.

Had an enormous jump because of the increase in the price of coal. While cash flow for this year and next are terrific, there will be quite a drop in 2010. Stock is cheap, but he doesn't see the sustainability of the cash flow.

This one depends on investment objectives and risk tolerance and, more specifically, is there some % of your portfolio that is devoted to aggressive growth. Currently a speculation.

Finally turning around. With the recovery of drilling, particularly in the natural gas area, as well as the additional platforms they have given their suite of products and services, they are looking for $.04 a share in earnings this year and $.05 next year. If you are a speculator, he would Buy and if you own, he would Average Down.

One of the few IPO’s in the last 6 months that is at its issue price. It has 2 businesses, wallpaper and the euro. They are growing nicely with a couple of blue-sky scenarios in passports that they may be able to work on over the next couple of years.

Natural gas. Their prospects have been transformed by the announcement from Forest Oil (FST-N) of a discovery in the St. Lawrence.