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: Ed Ajootian who wrote (81266)	12/10/2000 10:41:34 PM
From: Tomas	Read Replies (2) of 95453

Do Energy Fundamentals Even Matter? - Raymond James Energy Group, Stat of the Week "Oil prices must continue to rise sufficiently to slow oil demand from a projected 2 million barrels a day in 2001 down to about 1 million barrels a day of increased demand in 2001." "In an energy price–driven recession, energy stocks are the exact place that investors should be." "We believe that energy stocks today are screaming buys. As Warren Buffet has shown time and time again, strong fundamentals always eventually win out over negative investor psychology." raymondjames.com

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