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Technology Stocks : The New QUALCOMM - Coming Into Buy Range
QCOM 173.70+1.6%9:41 AM EST
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To: carranza2 who wrote (4957)4/1/2009 5:18:13 PM
From: Rich Bloem  Read Replies (2) of 9129
 
Carranza, I played golf this morning with an oil industry executive. He told me that at the current $40.00 per barrel level drilling and pumping has plummeted. It will pick up again big time at the $65-$70 range. They were riding high and putting up a well per day at the $110.00 level. Oh and by the way, I knew he was in the oil business because every ball he hit acted like the club face was coated in crude.
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