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To: pater tenebrarum who wrote (45836)4/12/2000 10:04:00 PM
From: Joan Osland Graffius  Read Replies (1) | Respond to of 99985
 
heinz, >>i feel oddly complacent about oil stocks...perhaps i should sell them.

I feel the same way. Although, the price I paid was on a historic bases a good value. Now if oil goes to $9.00 a barrel I will have to revisit the "value". <g>

The Rap tonight talked about the Chinese buying oil. Can you help me to understand why they can not use a currency like gold or silver to close the deal.

Joan



To: pater tenebrarum who wrote (45836)4/13/2000 1:57:00 PM
From: fedhead  Read Replies (1) | Respond to of 99985
 
If there is going to be inflation, why aren't all the oil
service stocks going higher. Even if the price of oil
falls I believe oil service companies can be profitable.

Thanks
Anindo


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