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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: WaveSeeker who wrote (70231)	11/8/1999 12:12:00 PM
From: Jenna	Read Replies (2) \| Respond to of 120523

BPA.. BPA is looking good as the sector got a boost. LONDON (Reuters) - Oil giant BP Amoco Plc (NYSE:BPA - news) Monday reported a 72 percent surge in third quarter profits reflecting higher oil prices and underlying performance improvements. The record replacement cost profit of $1.955 billion was at the top end of analysts' forecasts, and came just days after a key regulatory breakthrough in its plan to buy U.S.-based Atlantic Richfield Co (NYSE:ARC - news) (Arco) for $26.8 billion. BP Amoco shares closed up 22 pence at 566p, mainly a reaction to Friday's asset divestment deal with authorities in Alaska, where BP Amoco and Arco dominate the industry. Sentiment took a knock last week when Alaska broke off talks.