MOB - Mobil Oil Message Board

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Gold/Mining/Energy : MOB - Mobil Oil

MOB 7.830

+0.9%

3:59 PM EST

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To: Irv Dimont who wrote (3)	8/12/1998 12:09:00 AM
From: Douglas V. Fant	Read Replies (1) of 45

Irv, MOB has a decent portfolio moving forward of business projects- and a strong brand name in lubes. Now realize that for all oil companies including MOB, the drop in oil prices is making the E&P arms "suck wind". Refining is making money hand over fist, but refining profits cannot completely replace lost E&P profits... Also sad to see Amoco and BP announce a merger today- both were prime time Mobil acquisition targets........ Sincerely, Doug F.

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