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Strategies & Market Trends : Dave Gore's Trades That Make Sense

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To: Dave Gore who wrote (383)1/4/2002 12:51:00 PM
From: Dave Gore  Read Replies (1) of 16631
 
OIL SECTOR UP 3%, but here's some cold water from ABN AMRO, FWIW:

12:10 ET ABN AMRO on Oils : ABN AMRO cautious on select oils: slashes 2002 ests for CVX to $4.25 from $4.85 (consensus $4.73) due to weakness in refining, marketing, and gas E&P; KMG to $1.05 from $2.00 (consensus $2.61) due to weakness in gas and titanium dioxide pigment biz; and OXY to $1.40 from $1.90 (consensus $1.69) due to weakness in gas and chemicals.
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