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: Think4Yourself who wrote (61423)	3/3/2000 5:59:00 PM
From: Tommaso	Read Replies (1) of 95453

I just got a chain letter that is trying to organize a "gas-out" in April to bring down gasoline prices. The idea is to refrain from buying gas for three days in order to frighten the oil companies into lowering prices. I guess we could all stop breathing and put in a plug for more pollution control, too. I may not have the figures right, but it looks to me as if one of my holdings, BPT, Prudhoe Bay Royalty Trust, might possibly pay better than a dollar a share for its next quarterly dividend, or 10% for that quarter alone (based on current share price of $10 and on an average WTI price of $29 or so). I know that's puny compared to making 500% in a day on an IPO, but it looks pretty good to me. And a lot is tax deductible.

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