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To: ItsAllCyclical who wrote (53881)	11/2/1999 4:00:00 PM
From: SliderOnTheBlack	Read Replies (1) \| Respond to of 95453

3 more Fed Hikes predicted.... rotation catalyst. CNBC said either JPM, or SSB's chief economist is predicting 3 "more" fed rate hike through June 2000; w/ fed funds rate at 6%. DOW 8500-9250 w/ 3 more rate hikes ? That should generate a little sector rotation-mania into the Oilpatch imho. C'Mon API's... we need about a 7.5 M boe drawdown over the next 3 weeks and we cut & run... also Nov. 17th (?) OPEC meeting should shore up compliance/production doubts.

To: ItsAllCyclical who wrote (53881)	11/2/1999 5:58:00 PM
From: ItsAllCyclical	Read Replies (1) \| Respond to of 95453

Still no position in CHAR, but the plot thickens... dailynews.yahoo.com Thoughts of one yahoo poster... --------------------------------- Allen & Company Incorporated 11,222,387 (2) 18.31% Cascade Investment, LLC 3,333,333 5.69% Whittier Ventures, LLC 3,373,556 (3) 5.73% Anyway, I noticed in the company's 10-K that Allen & Company, Bill Gates' investment vehicle (Cascade) and the investment vehicle of the Whittier family are the three principal shareholders. And, now the company is partnering with the largest oil company in the world (based on production). Is it really absurd that the stock would go from 6 to 35 after having come down from 175 following the collapse of the Russian economy? A hoax? With Allen & Company's involvement? With Cascade's? With Shell's? Seems sort of unlikely to me. But, hey, who knows, right? --------------------------------- Still too risky for my blood, but I'll be watching from the sidelines. If it get's back to the low to mid teens I may consider a small position if I don't turn up anything ugly the next few days.