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Gold/Mining/Energy : maverick (MAVK) -- Ignore unavailable to you. Want to Upgrade?

To: Harry who wrote (290)	6/24/1998 8:44:00 PM
From: Adam Nash	Respond to of 432

Harry, Stop posting messages to yourself. It's so ego-centric :) Anyway, I'm not so worried. Oil will rise in price again - this is a commodity we are using up at a tremendous rate, and non-renewable at that. As soon as world growth picks up again, oil will rise inevitably. In the short term, it's very nice to see Maverick not trying for single digits...

To: Harry who wrote (290)	6/25/1998 12:28:00 PM
From: Satch77	Read Replies (1) \| Respond to of 432

Harry, I think they will get together and attempt another self policed production limitation, but over time greed will win out and oil will hit another low. I think that asia demand will not pick up for another year, maybe two, and at that time oil prices will start their climb back above $50 bbl. I don't think there is any internal bad news waiting to come out. In the near future there is a good chance that we see 17-19, and a good chance to test single digits. That is when I will buy more. In the long term, there is very little risk. IMHO Satch