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Strategies & Market Trends : Fidelity Select Sector funds
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To: Julius Wong who wrote (637)1/6/1998 11:40:00 AM
From: Sonki  Read Replies (2) of 4916
 
Oil Drilling/Service Stocks: Group continues to feel the pressure from
declining oil prices. Today, group is also being upset by a Goldman Sachs reduction of
its crude oil forecast for 1998. Lowers estimate by a dollar to $17 per barrel. Several
names are feeling every penny of the cut (e.g. CDG -4, RON -3 3/8, GIFI -2, SLB -2
1/8, HAL -2).

i told certain people that oil is going to 12...lets' see.
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