Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?

To: chomolungma who wrote (8840)	2/10/2004 4:29:30 PM
From: Big Bucks	Read Replies (1) \| Respond to of 25522

Chomolungma- anytime an entity (sic OPEC) can unilateraly decide to control production and availability it is price fixing pure and simple....OPEC has no intent on meeting an oil price between $22 and $28/bbl as they stated before. Why should they, when they can control oil production and maintain oil at a 30% premium to their stated target price.... I guess that means that we should sell our aircraft and products at a 30% increase...OPEC is manipulating the oil price like DeBeers manipulates diamond prices by controlling supply...BB