Compaq Message Board - Msg: 14566996

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Technology Stocks : Compaq

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To: Lynn who wrote (85510)	10/12/2000 1:21:48 PM
From: Night Writer	Read Replies (1) of 97611

Lynn, Locked our price in at $1.19 this summer for 800 gallons, and already paid for it. If the price goes down, we get the lower price. Your oil guys are buying at spot prices at the refinery and delivering. It sounds like they are basically just fuel trucking operations with no storage facilities. That continues to amaze me. Our guy hedges in the futures market. But they are a big operation and the drivers are trained to install and service furnaces and AC in the off season. It is a sophisticated operation and the people are real nice. NW

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