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To: Archie Meeties who wrote (98220)	4/27/2001 3:19:08 PM
From: John Pitera	Read Replies (1) \| Respond to of 436258

Very interesting on APC, they have been aggressive in adding fields and resources the past few years and are certainly leveraged to have strong cash flow from higher prices. When do you think we might see a passage of royalty tax reductions on federal lands? speaking of Gold My favorite comments on gold: 1. Gold is not somebody else's obligation. It has its own inherent value. 2. Gold can be exchanged for goods and services in any country in the world. Not true of paper currencies. 3. The entire capitalization of the North American gold stock group is equal to one major technology stock. Amazing! With the big run in the gold stocks, I took some profits in them this morning but I'm not so sure I should have.