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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Berney who wrote (20993)	6/26/1998 12:44:00 PM
From: James F. Hopkins	Respond to of 94695

Looks to me you have a good handle on things. It amazes me to see Union Carbide jump $5 at a clip, either way. This is not a company that surprises all that much. This is just the way the wall street Anal-cyst hype or knock a stock. How the street chases the latest spin put out by these shamans is silly. I would agree with you on T range , but what "if" she does get dropped from the DOW , also people have short memories it was just back in 97 she dumped 25% of her value kind of fast, so about $51 would be when I would look at her. XON is another, at the peak oil price she was trading about $60 now that oil has dropped in price she goes up ? CHV is another..seems people think these companies will make more money at $13 oil than they did at $25 oil. And none of the Anal-cyst are looking at what they spent last year. They sure found a lot of oil, but who are they going to sell it to. We can't buy it all, and Asia can't afford it. ---------------- Anther warning shot just fired that the market is ignoring biz.yahoo.com and note. Company expects revenue for its first quarter ending June 30, 1998 will be approximately ten percent (10%) below market expectations and, as a result, the Company's first quarter earnings will be adversely impacted. The revenue shorfall principally occurred in America's operations. Somebody better wake up. Still cash flow into funds may give this market one more spike before the real numbers take effect. Jim