SUN: Sunoco, Inc. Message Board

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Gold/Mining/Energy : SUN: Sunoco, Inc.

SUN 52.22

-1.8%

Oct 31 9:30 AM EDT

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From: Daniel G. DeBusschere	5/29/2001 4:20:57 PM
	of 1

SUN looks like a dirt cheap value (growth?) play- Since no one wants to build a gas refinery in North America and it seems that these refineries are the limiting factor in motor fuel production, then those who own the refinery own the gold? With production at 95% of capacity and gas at $2.00 a gallon along with record refiner gross margins, it looks like a profit windfall. The question is, "Is $2.00 gas here to stay?" In my opinion, the majors have consolidated and are holding the price up with limited competition, the answer is a resounding "YES". Any other converted high tech investors interested?

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