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To: Robert T. Quasius who wrote (63046)	3/27/2000 10:44:00 AM
From: SliderOnTheBlack	Respond to of 95453

Low volume shakeout attempt - nuthin to worry about/Dain Rauscher said it all... The worst case scenario is only for "traders" - most would do well just holding thru this reaction to OPEC. Robt - I think XTO like most others here, is basing & will continue to move upward as valuation multiples expand etc. I don't think we'll see the lower end of the "worst case" sceanrio - I merely think that is the WORST that we "could" see - I dont EXPECT to see it however... I expect to see - 5-7% pullback and then a strong buying rally as supply & demand fundamentals are sooooo strong and utilization , dayrates, orders all across the patch are in an upward trend (some sub sector niches/company excluded & they know who they is (VBG)... Dain Rauscher has it right - new highs ultimately all across the board - this is a trading/buying opp as the market waffles on what to do, how to digest OPEC's move. Bottomline - too little - too late from OPEC; Crude will be supported fundamentally at $25+ and NG is strong = very bullish expectations.... Is PGO a gift here, or what - pleeeeeeese just a taste in the $15's...