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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: marc chatman who wrote (32135)11/25/1998 3:00:00 PM
From: Crimson Ghost  Read Replies (1) | Respond to of 95453
 
Marc: When the stocks no longer go down on bad news its time to buy. The OPEC fiasco has been discounted but the upcoming merger wave has not.



To: marc chatman who wrote (32135)11/25/1998 3:01:00 PM
From: marc chatman  Respond to of 95453
 
Merrill's oil analyst on cnbs saying that he expects either oil in high teens, or single digits -- all depending on the resolve of producers to regulate the supply. He says he thinks the more likely scenario ultimately is high teens.