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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: Boca_PETE who wrote (7409)8/3/1999 11:30:00 AM
From: Ian@SI  Read Replies (1) of 15132
 
First, the press releases you're describing are backward looking and don't cover the forward looking period that was being discussed.

Second, if you believe that an earnings press release is going to conclusively prove or disprove an oil pricing conspiracy, I won't come to you looking for investment insights.

Third, the integrated oil companies got away completely unpunished 2 or 3 decades ago. That's a powerful incentive to try it again.

FWIW,
Ian.
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