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Friday, July 21, 2006

Good Morning!
The Dell disaster this morning just re-affirms what we already know about our little group of master limited partnerships...the best kept secret around...boring but boring works for me! And speaking of boring we have no corporate developments and no upgrades or downgrades.

IPO developments as Atlas Holdings priced last night at 23 bucks at the bottom of the range. However as with Valero LP once its IPO was finished the stock has rallied and i look for Atlas Pipeline Partners to do the same as the shorts come off.

So here comes the open...the ten year yield is down to 5.01% which along with the tech wreck should be supportive for MLPS.

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