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Politics : Ask Michael Burke

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To: accountclosed who wrote (37831)	11/30/1998 5:40:00 PM
From: IceShark	Read Replies (1) of 132070

Didn't Scientific American recently publish a report that there were going to be severe shortages early next century? That kinda logic only works when praying for a penny of earnings on an internut stock. Investors in proven industries ask what are you going to do for me next week. -g- Actually, the time value of money is a real problem for anyone related to holding oil reserves. Play a little with the compound discount rate to be applied to a buck 20 years out and you will see a part of what is happening. Regards, Ice

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