notice the chart on panel nine of the presentation.
whoever put the presentation together altered the chart to make it look as if KMP put in a second high in October, higher then the december top tick at $50.
second, notice also that terminals/c02 will account for 41% of cash flow this year. considering those are the only divisions showing any growth, presumably next year they will be over 50%. hard to claim dda doesn't matter when over half the cash flow comes from short lived assets. that's why shareholders equity is disappearing so fast. notice also that the new posters on this board aren't too sophisticated. I think the banks stuffed this in the accounts of alot of none-too bright suckers so they could pocket the $18 million in fees. not that citigroup would do anything like that of course. I believe one of the posters recently noted that a lehman brothers report on kmp was on the fidelity site and was very psoitive. how much would it cost lehman to publish that report? maybe $10000? and fees were what maybe $5 million? certainly seems worth it.