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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (8664)	4/26/2001 2:15:23 AM
From: apearlma	Respond to of 19633

I like FRONY a lot too - the big issue with FRONY(and all the other tankers) is if the U.N. environmental laws get passed. Basically mandating that single-hull 25 year old tankers get put on mothballs. Then they make bigger profits with constrained capacity - TK estimates that that would phase out 30% of the world's fleet by 2006. TK just made $144.7M profit this quarter and they're a $2B company.... biz.yahoo.com Andy