EMC How high can it go? Message Board

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Technology Stocks : EMC How high can it go?

EMC 29.05

0.0%

Sep 15 5:00 PM EST

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To: Boplicity who wrote (4550)	2/25/1999 7:58:00 PM
From: John Carragher	Read Replies (1) of 17183

Gregory I believe oil will not move much this year. It needs the far east etc to open up demand and its just not there. Also Saudi and company can't shut down because they are so in debt on their spending programs so its catch 22..... This is why Mobil/exxon are merging they see the long term picture( they also have huge investments in new equipment in far east and no returns..). If this was short term you wouldn't see bp.amoco etc consolidating. imo

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