Nevtah/Tower Oil Intl.- NTAH Message Board

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Gold/Mining/Energy : Nevtah/Tower Oil Intl.- NTAH

NTAH 0.00400

-60.0%

Jul 24 5:00 PM EST

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To: Just My Opinion who wrote (1520)	6/22/1998 7:35:00 PM
From: TWICK	Read Replies (2) of 3817

Thanks for not reading the wrong signals in my previous post. Haven't been paying much attention to NTAH in the last week. Too busy watching and trading the rest of my portfolio. Earnings season for most of them. Luckily no disappointments yet. Regarding the oil cuts... With a 19% unemployment rate in Venezuela, I seriously doubt that at least that country, is going to cut enough oil or even worse, not cheat. Saudi also does not appear to be wanting to cut enough on their oil productions. We'll see. Correct me if I'm wrong, but I don't think any of these OPEC issues really affect NTAH that much until it starts pupping. I think the drop is due to the lack of new money coming in to buy shares.

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