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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 222.65

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To: stockman_scott who wrote (154165)	3/13/2003 10:54:35 AM
From: Victor Lazlo	Read Replies (3) of 164684

It is about oil -for the French. Chirac has been a personal friend of Saddam for over 30 yrs. Total Fina, the french petro co, was established just to drill and export oil in Iraq. France has the rights to a huge untapped oil field in Iraq that is estimated to be one of the biggest ever in the world. After they drill iraqi oil and import it to france, the French govt slaps huge tax levies on it at the gas pump in france, thus reaping huge tax revenues from the oil. The Euro countries don't pay any more for crude than US co's do- they simply reap windfall revenues on it by taxing the heck out of its consumption. So yes it is about oil - for the french.

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