Sterling Energy... after the FOG clears

Orvis,

I am trying to second guess the MM's. Why mark the sp down on just half million sales this a.m.? They are able to absorb that kind of business with ease. Their actions have reasons of which I am unsure currently. Are they trying to fill a large order for a fund so every chance they get to tree shake they grab gleefully. Or are they holding too much stock and are telling us through markdowns they don't want more sales at this time?

Do you or anybody have a view on this topic?

I do not believe the company performance is the cause of the share markdown. Because we expect this year's figures will be much improved on 2003.