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To: Mohan Marette who wrote (35338)3/24/1998 11:21:00 AM
From: MichaelW  Read Replies (1) | Respond to of 176388
 
64 1/2, what happened?

Mike



To: Mohan Marette who wrote (35338)3/24/1998 11:24:00 AM
From: Lee  Respond to of 176388
 
Hi Mohan, ***Off Topic***

I guess the bond market figured it out a lot faster than Bloomberg.<g> Bonds closed up a little yesterday based on a coupon pass and figuring out that even if they cut production, cheating will set in when it gets to $17/bbl. In the end, just like everything else, it's a supply/demand situation. Big surprise, huh?<g>

Regards,

Lee