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To: SargeK who wrote (61253)3/2/2000 10:56:00 AM
From: Think4Yourself  Respond to of 95453
 
If these guys can pull this off, they will take the spotlight from OPEC. OPEC can then say THIS was the real reason for the high oil prices when they meet later this month. It'd be a sweet deal for all us investors!

Oil Workers to Strike

CARACAS, March 2 (Reuters via energy24.com) - Venezuelan oil unions will launch on Friday, an indefinite nationwide strike on pay and working conditions in the world's third largest oil exporter, according to union officials.

The unions said they were calling the strike to protest state oil company Petroleos de Venezuela (PDVSA)'s refusal to resume talks on a collective labour contract.

"This indefinite strike will start this Friday at 5 o'clock in the morning (0900 GMT)," Carlos Ortega, head of Venezuela's largest oil union Fedepetrol, told journalists.

The unions represent the majority of around 40,000 workers employed in Venezuela's oil sector.

A government-controlled Constitutional Assembly decreed in January that talks on a new collective contract be suspended until the opposition-run unions hold democratic elections.



To: SargeK who wrote (61253)3/2/2000 10:59:00 AM
From: SliderOnTheBlack  Read Replies (4) | Respond to of 95453
 
Sarge - we have DOUBLES & 50% pops all over the patch since you bough FGH at $18

The cost of holding FGH was and remains - lost historic opportunities.

.... You have my permission to celebrate when FGH see's $27 - not untill (VBG).

Laggard small caps - GIFI - showed what can happen when a fundie wants in; UFAB HOFF SESI NR next ?

ETP folks - should of listened on the VPI play - that was a 70%'r, then ETP - now that on margin as well and it walks thru the low $20's - these were "chip shot" pureplays on crude oil - anomalies on valuations.

lots of them left...

E&P's exploding and have much, much more room to run.

Bought BSNX today - it will look glaringly cheap very , very soon here - can see a $4-$5 move overnight when fundies decide to come back.