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Gold/Mining/Energy : PONDER(PNDR nasdaq)

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To: Mr. Happy who wrote (25)	3/29/1998 9:01:00 PM
From: Funda	of 38

The Oil Price is the main factor. If the oil price goes up, the oil and oil service stocks do well, Ponder included. If OPEC cannot agree on cutting production on Monday in Vienna, prices will head south again. The reports out of Vienna are mixed - it is not yet clear which way things will go. Let's hope for the best. Fall in Oil prices will cause Ponder to stagnate till there is a change in the scenario. Funda

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