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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: John Westman who wrote (10892)	11/22/1999 1:19:00 AM
From: Larry S.	Respond to of 54805

John, keep in mind that two of the biggest factors in the recent rise in the price of oil are: 1. the resurgence of Asian economies. The decline and turmoil of said economies last year led to a signifcant decrease in the demand for oil in 1998, precipitating the decline in prices. 2. the collective action of OPEC in apparantly holding to production restrainsts to reduce the supply of oil. So we have a classic resurgence of demand at the same time supply is being controlled. As far as I know, the law of supply and demand have not been revoked. As to how to benefit, I agree that gold is not attractive at this time, nor in the forseeable future. I would like to the asian economies as fertile area. They have experienced explosive growth this year, and are likely to continue for 2000. In the same chord, these economies will likely have incredible demand for telecommunications products, particularly wireless, and internet applications and infrastructure. So the very areas that have led the US growth should continue to lead in 2000. In a word: technology, particularly wireless and internet. Larry