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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: Cogito Ergo Sum who wrote (5015)	12/7/2001 1:56:47 AM
From: isopatch	Read Replies (2) \| Respond to of 36161

Looks like OBL escaped from Tora Bora <Friday December 7 12:13 AM ET Tora Bora Said Captured, No Sign of Osama Bin Laden KABUL (Reuters) - Anti-Taliban forces have captured the main base of Osama bin Laden in the Tora Bora mountains of eastern Afghanistan, but failed to find the Saudi-born militant, a military spokesman said on Friday. ``The last and main base of Osama in Tora Bora was captured last night,'' Mohammad Habeel, a spokesman for the militarily dominant Northern Alliance, told Reuters, adding that there had been fierce resistance as the assault was pressed home. ``Our troops led by commander Hazrat Ali said that we have taken almost all of Tora Bora and its main caves. We have staged a mopping up operation to clear remaining parts of Tora Bora.'' He said Arab family members, including women, had been captured, along with weapons and vehicles, but there was no sign of bin Laden, leader of the mainly Arab al Qaeda network. ``Osama was not in Tora Bora during the past days of fighting and if he had been, he has probably slipped into Pakistan,'' Habeel said.>

To: Cogito Ergo Sum who wrote (5015)	12/7/2001 7:56:56 AM
From: Frank Pembleton	Read Replies (3) \| Respond to of 36161

Kastel, I'm betting on a recovery in "old economy" stocks -- with the vaporisation of Bethlehem Steel, consolidation and production rollbacks we might get a nice bounce off the bottom. Stelco does pay a dividend, $0.12 per share - and yup, you are correct in your assumption of it "ain't looking up," unless ... you factor in the price of energy. The stock trades at 30% of book value and has a price to sales of .1 -- very bottom-ish n'est pas? Regards Frank P. Noteholder votes deal a blow to Algoma restructuring plan By GREG KEENAN From Friday's Globe and Mail Noteholders in Algoma Steel Inc. have filed enough votes to defeat the insolvent company's restructuring plan Friday, increasing the chances that Canada's third-largest steel maker will be liquidated and 3,900 jobs eliminated. globeandmail.com Steel Firms Shares Surge on Optimism By Vivian Chu and Tom Johnson NEW YORK (Reuters) - Optimism spread through the fragmented U.S. steel industry on Wednesday, as a potentially ground-breaking merger and new signs that the long-depressed industry is seeing relief from excess supplies boosted investors spirits. dailynews.yahoo.com Oil prices, stocks fall on U.S. forecast By DAVID PARKINSON and CAROLINE ALPHONSO From Friday's Globe and Mail Oil prices tumbled Thursday, dragging down Canadian energy stocks, after the U.S. government predicted that 2001 domestic oil demand will show its first decline in a decade while major oil-exporting countries continued to waffle on production cuts. globeandmail.com