Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: BigBull who wrote (48080)	7/16/1999 9:55:00 AM
From: BigBull	Read Replies (1) of 95453

Hyundai predicts $22 bbl wti koreaherald.co.kr Also a Korean think tank has yet again raised 99 Korean GDP growth - to - get THIS - 7.5%. IMO Europe will be in full recovery by the next few months. LATAM will be by the end of the year. Oil will go to $24 wti by Christmas, rendering this past quarters earnings moot. For OPEC to raise production even in Sept. is now too late. At those prices, any CEO of the majors who does NOT drill will be taken out behind the woodshed and thrashed. <g> Buying dips on everything. OS E&Ps. Buy em long, Buy em hard, Buy em often.

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