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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: Oral Roberts who wrote (49290)	12/1/2003 8:32:13 AM
From: MulhollandDrive	Respond to of 57110

well i'm going to continue to look at the pog and euro as the side show that i believe it is for now the price of crude is of much greater concern to me and it's down nicely today, but was up last week enough so to make me skittish....there was also an article about the iraqi oil fields having been so severely mismanaged by saddam that the 6 million barrel per day may be much more costly to attain than previously thought....this could perversely today have put downward pressure on crude as opec decides not to ease output more bullish news... DuPont sees layoffs in $900 mln cost savings plan By Steve Gelsi NEW YORK (CBS.MW) -- DuPont (DD: news, chart, profile) said it's planning to announce layoffs on April 27, 2004, the day it releases its fourth-quarter results, as part of an overall plan to trim $900 million in costs by 2005. The chemical giant and component of the Dow Jones Industrial Average ($DJ: news, chart, profile) said it's attempting to grow earnings at 6 percent per year going forward. The company said it'll move ahead with plans to sell its Invista synthetic fiber business. DuPont will save about $200 million by divesting the unit. Shares of DuPont rose 19 cents to $41.46 on Friday