Global Santa Fe (GSF) (formerly Global Marine) Message Board

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Gold/Mining/Energy : Global Santa Fe (GSF) (formerly Global Marine)

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To: Elmer Flugum who wrote (1359)	3/13/1999 4:58:00 PM
From: Ram Seetharaman	Read Replies (1) of 2282

The Street.com had something to say in that like! Go to street.com, enroll and look at the following! OPEC Output Cuts Give Oil Industry a Kick-Start By Mavis Scanlon Staff Reporter 03/12/99 07:05 PM ET But recovery will be slow as companies await the trickle-down effect of production cuts. Next week is a party for oil services like GLM, IO etc. I am popping some pop corn and am going to enjoy the ride till this summer. A 20 - 30 % hike is possible by summer! Hey it happened to the Semiconductors and Chips last Fall, 1998. Now most of them have doubled or tripled. While oil isn't comparable to semis, their bad days are over IMHO.

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