Pride Petroleum Services (PDE) Message Board

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Gold/Mining/Energy : Pride Petroleum Services (PDE)

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To: PartyTime who wrote (417)	5/5/1999 8:15:00 PM
From: LT	Read Replies (1) of 454

Oil sector regulars indicate an announcement is imminent from OPEC, Next week possibly, showing they have reduced production as they claimed they would. This should create a $20.00 + per barrel price in 2-3 weeks. If that's the case oils will take a bump up in anticipation and afterwards. Good time to hold tight and don't let PDE earnings bother you right now, they will take a back seat if the per barrel price rises and OPEC proves it is sticking to it's guns.... LT

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