Conoco (COC) - The biggest U.S. IPO ever Message Board

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Gold/Mining/Energy : Conoco (COC) - The biggest U.S. IPO ever

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To: Weekapaug who wrote (23)	12/25/1998 8:51:00 PM
From: Night Writer	Read Replies (1) of 123

One question and some information. Has a dividend been announced? I saw on the news that a great number of Mom & Pop gasoline stations will be closing next year. They can't afford to replace the old gasoline storage tanks to comply with EPA requirements. EPA gave them 10 years to replace the tanks. Replacement tanks cost about $150,000 each. Commentator mentioned that this will cause a great reduction in the number of gasoline stations. Large companies were the only ones able to comply with EPA requirements. I feel bad for the little guys on one hand. On the other hand, don't you think this should increase COC sales? NW

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