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


To: XOsDaWAY2GO who wrote (14798)3/14/1998 12:50:00 AM
From: SJS  Respond to of 95453
 
Right! They all RAISE the quota 10% (which they were all breaking anway)...

AND

Oil craters down 30%. Duh!



To: XOsDaWAY2GO who wrote (14798)3/14/1998 11:27:00 PM
From: Tulvio Durand  Respond to of 95453
 
I imagine some of these OPEC countries have mortgaged their future, whereby today's oil deliveries are fulfilling contracts for which they were paid years ago. They probably have the same cash flow problems of the guy who pawns his wife's diamonds in order to meet the payments due on the Ferrari Testarosa. Tulvio