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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: jj_ who wrote (58523)	1/17/2001 9:58:34 AM
From: flatsville	Respond to of 436258

When will this news sink in? Nary a word about this state of affairs from tout TV. dailynews.yahoo.com Wednesday January 17 9:45 AM ET OPEC Agrees to Cut Oil Supply VIENNA (Reuters) - OPEC (news - web sites) has agreed to cut oil supplies to world markets by 1.5 million barrels a day, Iranian Oil Minister Bijan Zanganeh said. He was speaking to reporters after a two-hour meeting of the Organization of the Petroleum Exporting Countries. Kuwaiti Oil Minister Sheikh Saud Nasser al-Sabah said the decision was unanimous. The pact reduces exports from 10 producer countries by just over five percent to 25.2 million barrels daily and is effective from February. OPEC wants to defend the value of its crude near $25 a barrel. Prices had fallen from a ten-year high of $35 in October. Oil ministers decided to curtail production despite concerns among major importing nations over the potential impact on energy costs and economic growth. The United States and the European Union (news - web sites) had urged the group to make only a modest reduction.

To: jj_ who wrote (58523)	1/17/2001 10:05:37 AM
From: IceShark	Read Replies (1) \| Respond to of 436258

(INTC) Intel reported Q4 after the bell. Net was $0.38/share before acquisition costs. First Call consensus was for $0.37/share. They warned for Q1 and said revenues would be down about 15% from Q4 revenues of $8.7bil. Bear Stearns Reiterates Intel At Buy. Salomon Keeps Intel At Outperform, Sees Downside Risk To $25. Lehman Downgrades Intel To Market Perform From Buy I love it! Guess we better buy it and anything else we can think of that is tech. And as it pulls back, the rest of those techs keep going up .......