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To: GT who wrote (11240)6/10/1998 12:16:00 PM
From: FC_Fan  Respond to of 11850
 
Another piece of good general stock/oil company news was covered in the following story:

dailynews.yahoo.com

Here's the interesting quote from the end of the piece:

----------

J.P. Morgan's Cliggott said an examination of money flowing into mutual funds in the year to date reveals a shift in favor of the more
conservative income-oriented funds and away from the more aggressive growth-oriented funds.

This favors stocks such as utilities and oil companies as investors look to yield-oriented stocks that pay regular dividends.

"We expect this trend to continue," Cliggott said.

----------

Jason



To: GT who wrote (11240)6/10/1998 12:23:00 PM
From: Moonglow  Read Replies (3) | Respond to of 11850
 
Gorcon,

You are SO RIGHT!!! Gawd....and I feel so stupid for not thinking about the coming deregulation of the electric companies!

OF COURSE!!!! This could do for the small energy companies what the deregulation of Ma Bell did for the small phone companies!

I admit, I'm not too familiar with this area. Could you please expound some on your observations?

Thanks!!!! Juanita


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