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Non-Tech : Invest / LTD

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To: Bazmataz who wrote (208)	5/9/1998 11:20:00 AM
From: bw	Read Replies (3) of 14427

<<What do you think about the prospects of a booming summer consumption of oil/gas products? Also, what about the (presumed) fact that winters which follow El-Nino tend to be extra-cold?>> True...Both positives for the sector. "Who knows?" is correct ! Again, double-edged sword here. If oil does go back up to $18-$20 anytime soon, then this would probably prompt the inflation fears that could cause interest rates to rise & the market to tank...If the oil sector becomes a bastion of safety during this market correction is a question that will remain unanswered until the fact. Let's hope it does. The oil service sector still remains one of the best values compared to almost any other group currently priced in the market...

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