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Gold/Mining/Energy : XON - Exxon Corp.
XOM 114.68-1.6%3:59 PM EDT

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To: Bald Eagle who wrote (227)2/23/1999 4:37:00 PM
From: Scott Hinman  Read Replies (1) of 242
 
Hi everyone. Seems like there hasn't been much interest in Exxon stock lately. It is now below $68 for the first time in a long while. Ever since the merger announcement with Mobil, XON has been on a steady downturn from its high of $77 last fall. I'm curious what people think of this. The rest of the market has rebounded quite well, but this stock is in quite a hole. Is this merger a bad idea? Or is it that oil stocks in general will be down for awhile based on low prices? Is this a time to sell the stock? Any discussion or comments would be appreciated.

-Scott
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