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Gold/Mining/Energy : XON - Exxon Corp.
XOM 116.37-0.1%1:02 PM EDT

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To: Randy Ellingson who wrote (229)2/25/1999 11:40:00 AM
From: Bald Eagle   of 242
 
Low oil prices don't affect "complete" oil companies like Exxon as much as they affect the exploration companies. Exxon makes a lot of it's money from refining. When oil prices are low, it's raw material is low. XON is my main core holding for the long term i.e. 10+ years.
Let's face it. Whether you own XON or not, if XON goes under, we're all in trouble, anyway!
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