Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: GST who wrote (121515)	3/24/2001 2:19:52 PM
From: Sarmad Y. Hermiz	Read Replies (2) \| Respond to of 164684

>> An assessment of the probability of global recession: GST, what level of oil price would be consistent with moderate growth ? Perhaps the hyper growth rates of 1998, 1999 were due to $12/barrel oil. And probably the current zero-growth is due to $30 oil. Considering other raw materials are cheap, what would be a neutral oil price ? It seems to me $18 would be about right. So with OPEC trying to keep the price near $25, we have some more difficult times ahead. But I am convinced that tech will lead the way to renewed growth. So I'm fully invested in tech.