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Strategies & Market Trends : MDA - Market Direction Analysis

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Oct 31 5:00 PM EST

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To: Susan G who wrote (76914)	5/13/2001 11:48:11 AM
From: eichler	Read Replies (2) of 99985

Susan, Thanks for sharing that article. Much like the Tech Boom to Bust and the Telecom buildout and blowup(industry burdened with extensive debt for equipment becoming fast obsolete) , the article you posted warns of the same dramatic heavy duty investment going on in the energy sector which at some point should saturate with increased supply and competition, thereby initiating the bust part of the cycle we are sure to see eventually. The "when" is still the key. It will surely take some time yet with the current energy shortages prevailing, but I agree with NV's and Boplicity's assertions that the bust is sure to come...someday. Thanks again for that interesting article. Regards, Eichler

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