Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: dj8000 who wrote (32296)	11/30/1998 11:48:00 PM
From: Aggie	Respond to of 95453

DJ, Did we read the same article - I see no mention of rebounding oil prices, only further opinions that prices will remain depressed. Confused

To: dj8000 who wrote (32296)	11/30/1998 11:52:00 PM
From: Gottfried	Read Replies (1) \| Respond to of 95453

DJ, the quote was >"We don't think oil prices are going to rebound sharply," said Bruce Lanni, oil analyst at CIBC Oppenheimer. "I think the deal that Mobil's doing is suggesting just that. I think most companies are hunkering down and they expect that prices are going to remain low for the next possibly one to three years. In this event, you may start to see more mergers occur."< G.