EMC How high can it go? Message Board

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Technology Stocks : EMC How high can it go?

EMC 29.05

0.0%

Sep 15 5:00 PM EST

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To: GVTucker who wrote (11206)	9/22/2000 4:31:53 PM
From: John Carragher	Read Replies (1) of 17183

It is still difficult to see what it will do to New york harbor fuel oil prices. Where is the refinery capacity to refine this released oil. Usually this time of year they are already cut over to maximize fuel oil from the barrel. Most of the storage tanks for fuel oil are perhaps a great deal less than full. In the recent past oil companies have been hurt by storing large quantities of fuel in the summer ( summer fill) and then see the price drop. I expect there will not be much of a drop in heating oil prices this winter. imo

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