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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 226.10+2.5%3:59 PM EST

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To: Sarmad Y. Hermiz who wrote (108019)9/6/2000 8:28:23 PM
From: GST  Read Replies (1) of 164684
 
Sarmad: I have been pretty busy, and things are just getting more so... little time to post. The US simply does not have the refining capacity to rebuild stocks of heating oil and gasoline -- there has been almost no capacity added to refineries for twenty years, and none on the horizon. Everybody waited for lower prices to rebuild stocks, and guess what, there will not be lower prices. Whatever you own, sell it. Oil prices are more strongly correlated with business expansion than are interest rates. We are going down.
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