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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Dwight E. Karlsen who wrote (12504)	2/23/1998 12:01:00 AM
From: Jess Beltz	Read Replies (1) \| Respond to of 95453

Dwight, I enjoy crossing swords with you too. And now, for the real question of interest to both of us, how to play this situation profitably? I see oil prices getting getting pasted for a while, (1) already underway on the news of peace possibly breaking out, and (2) further declines as terms come out allowing Iraq to trade oil for critical supplies (and easing of the sanctions in general.) I would say that the time to jump in with both feet would be after the price drop on news of Iraq being allowed to step up oil production/exports. What do you think? jess.