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To: Haim R. Branisteanu who wrote (38733)12/20/2000 7:54:54 PM
From: Jack T. Pearson  Read Replies (1) | Respond to of 42787
 
Oil below $26 is great for Europe - 40% energy cost reduction there.

That's before taxes. When gasoline doubles here, it only goes up 20-30% there. Inverse when going down.



To: Haim R. Branisteanu who wrote (38733)12/20/2000 9:15:03 PM
From: Gersh Avery  Read Replies (1) | Respond to of 42787
 
That is an interesting inter relationship ..

Any idea how the link works?



To: Haim R. Branisteanu who wrote (38733)12/21/2000 11:07:28 PM
From: ru2  Read Replies (1) | Respond to of 42787
 
Haim, do you think VSH will benefit ( apart from the interest rate reductions ) from the %40 energy reduction? What kind of market share does VSH have in the EU countries?

Ru2


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