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Non-Tech : Invest / LTD

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To: SJS who wrote (7721)	3/10/1999 10:40:00 PM
From: The Ox	Read Replies (1) of 14427

Not sure about 80 on CAM, but it wouldn't surprise me to see the stock trade in the 30s for the rest of the year. Watching oil prices go up 25% in a few days makes one expect a backfill move but also shows how quickly things can change. Since the patch has had so much negativity lately, I wonder if another down draft will snowball into an avalanche? A 25% move in crude prices is VERY inflationary and I wonder if we should expect much more at this time? I will say this, if OPEC and Non-OPEC members get the hint, an announcement of very large cuts could be very profitable to them. Throw out a very high cut for a very short period of time with an agreement to reevaluate in 4 or 5 months. Something like this could shock the oil market and possibly ensure that the higher prices will be sustained. I can only dream about CAM at 80......seems almost impossible Anyone buying Gold stocks these days? I bought ANIC at $6.50 2 weeks ago and today it closed at $8.50. Last 4 days the stock has gone straight up. It might be worth a look. My short term target is $11, as I believe the fundamentals support this price.

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