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To: Mr. Jens Tingleff who wrote (3488)3/12/1998 2:49:00 AM
From: PartyTime  Respond to of 18444
 
[MUST READ--PARTIALLY OFF TOPIC] Well, while I've been gone ... I've discovered something fun for both sides. I'm going to presume that we all investors are squeaky clean and have never ever done anything financially wrong in the past. Moreover, I'm going to give NETZ the benefit of the doubt in the full knowledge that official, audited financial reports are a wee bit around the corner.

Enough of that. Here's something more fun. I discovered this on the Strictly Drilling SI thread. It explains why oil is going down to $2.

Read this: A follow-up, my response, will come afterward.

1997 XF-11 ... or ... can asteroids effect markets

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Started By: +Jon Tara
Date: Mar 11 1998 11:25PM EST
Replies: 0

OK, here it comes - that killer asteroid we've read about and seen in science fiction books
and movies for years. But this time it's real.

Today's New York Times reports the discovery of an asteriod - 1997 XF11 - that is now
believed may come within 30,000 miles of Earth on October 26, 2028. This could bring it
between the moon and the earth, and is close enough that some scientists are talking about
the need to take "steps".

The asteroid was discovered in 1997 (thus the moniker) and it's discovery was previous
reported - however, until recently it was thought that the approach would not bring it closer
than 500,000 miles.

It's expected that we will know for sure how close the approach will be when the asteriod
returns in 2000 and 2002 (it's currently receeding from the Earth).

I'm creating this thread to discuss the impact (pun intended) of this asteroid on stock and
commodity markets, and the economy in general. (Please leave the discussion of other
aspects to the, oh, say, 10,000 or so web sites that are likely to be devoted to the subject
over the next 30 years...)

What stocks or commodities should be included in an "asteroid index"? Which stocks are
likely to do best if we need to blast the asteroid out of the sky? And which ones to buy to
capitalize on the "live it up in the mean time" sentiment should we learn that a collision is
inevitable? What might be the broader effect on markets in general? And finally, have we
found the solution to the baby-boom retirement problem?

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To: Mr. Jens Tingleff who wrote (3488)3/12/1998 10:14:00 AM
From: BlackStar  Respond to of 18444
 
Really hoping to see good news here !!!!!!!!!!!!!!!!!!!!!

...and I am sure we will too. But it will probably only increase stock price volatility.

To all long on NETZ: make sure your bet is covered! And the best of luck to all of you - you're going to need it...

Sincerely,

BlackStar