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

To: Platter who wrote (32146)	11/25/1998 8:11:00 PM
From: gmccon	Respond to of 95453

I know nothing of what I speak except what I learn from you all and from following the news and current events. But I see $9 a barrel already built into the price. I see the XOI rising because the companies are going to merge and cut costs, etc., and increase margins in more practical and/or creative ways. CEO's being interviewed on TV appear optimistic. Investment managers are recommending the sector. There's just too much positive speculation going on for there to be another big dip on the horizon. Of course, I've lost most of my money in the stock market, so... but one of these days... Anybody following Triton Energy (symbol "OIL")? A friend pointed out that something looks like its about to happen. Insider buying, creeping up on larger than average volume, etc.