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Gold/Mining/Energy : Trico Marine Services (TMAR) -- Ignore unavailable to you. Want to Upgrade?

To: Stephen L. Smith who wrote (471)	6/22/1998 9:48:00 PM
From: Daniel M. Whipple	Read Replies (1) \| Respond to of 1153

Stephen, Sometimes the answers are all around you. It just takes someone to put it in the right format for someone to finally understand. Today I heard some comments I believe on CNBC about the supply of oil. I will list some of the points that were made. After you put it all together it looks frightening for the oil service industry. 1)The current oil and oil service companies began their recovery after the start of the Gulf War. 2)Iraqi oil was cut off, Kuwaiti oil was temp cutoff and gradually returned on line. 3)Iraq was the second largest exporter before the Gulf War. 4)The U.N. is considering LIFTING SANCTIONS on Iraq. They will be able pump as much oil as they physically able. Sadaam will pump and pump and pump. If nothing more than to antagonize the Saudis. 5)The Japanese will not make the neccesary changes to their banking to check their recession. The Chinese will force the U.S. to support the YEN. The person making these comments feels that we are ending the cycle which began in 1990, because the events which brought it on are reverting back to pre 1990. This person's comments just turned on the lights for me. Comments welcomed.