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

To: Cogito Ergo Sum who wrote (17315)	8/13/2002 8:26:18 PM
From: Frank Pembleton	Respond to of 36161

...well now that their giving away flights on September 11th - I can imagine investors might be aware that there might be an earnings situation underway ... earlier today on RobTv they reported that since 9/11 international air traffic has shrunk on average 10% per month ... amazing stat, eh? They say if you have to invest in the sector - buy the local carriers and stay away from any of the international companies. For what it's worth, I do see a contrarian play in the making - U.S. at full war, the shadow of September 11 and $60 crude ... What could an Air Canada share be worth under those conditions? Regards, Frank P.