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To: Mark Fowler who wrote (120292)	3/12/2001 9:44:47 PM
From: Victor Lazlo	Read Replies (1) \| Respond to of 164687

Mark energy may be gettign topped out. Watch it. 1. Every analyst and his dope-addict brother in law has been recomending energy stocks lately. nirvana for energy ..... right 2. Look at the new issues calander - I know you ignore new issues problems, but think for a minute. Lots of energy and energy services IPOs are now coming out. The investment bankers are courting them heavily because most everyting else is not selling. This increases the supply of energy stocks avaliable now, and in six mos you won't be able to walk around the corner without bumping into a bunch of unloaded 144 energy stock shares! just like CORV, remember? Energy stocks can do the same thing..... CHK banged back down again today... no lasting strength there, it's a complete dud. Victor