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Tuesday, May 02, 2006

Crosstex Energy (XTXI) has extended its gains now up nearly 5 dollars at 78.20 on heavy volume. Crosstex LP (XTEX) is up 1.64 at 36. Enthusasim for the Crosstex/chief deal continues. The company says that insiders are interested in taking a stake in all this and that is certainly the kind of thing you want to see in a deal! It will be interersting to see if Raymond James eventually re-ups Crosstex and raises its targets.

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