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Gold/Mining/Energy : Methanex (MEOHF)
MEOH 40.19+0.1%Dec 26 9:30 AM EST
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To: zigler who wrote (204)6/4/2000 10:02:00 PM
From: Dan Good  Read Replies (1) of 213
 
While the methanol prices are on the rebound, the gas prices really hurt here in the states. I am not sure how much exposure they have to that. Trinadad methanol plant is still having it's trouble, Terra shut down it's Okla. plant. So short term we are going to see some increasing pressure to the upside on the contract and spot prices. With Gulf pricing around .60 a gal. I would expect a earning surprise for Q2 2000 in July. MEOHF is an excellent short term buy, but I wouldn't hold for too long.
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