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To: Cliff Daniel who wrote (7394)7/31/1998 5:30:00 PM
From: blueHorse  Respond to of 11684
 
I see, and am sure that Jack sees, an oil industry where the majors are getting killed by inventories (check Texaco's earnings release yesterday) and an industry where, over the next 3-5 years will favor those who can acquire properties or projects that make economic sense at $10-$12 barrel oil