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

To: Greg Jung who wrote (34737)	12/1/1998 4:49:00 PM
From: James F. Hopkins	Respond to of 94695

Greg; Re > Hedge it with options on oil futures. now that makes sense, and I over looked it. There may be some uncertainty in the minds of the press, but the deal has to happen, or Europe gets a free lunch. If the FTC tries to block this some heads will roll. Consolidation has a head start in Europe as it is, we have lost out , with the TEX , Shell deal , the BP & AN deal, and now the Fina and Total deal, if the FTC blocks this; one may ask just who are they working for the U.S. or Europe. Still with this merger, I take the absence of momentum in the market as a poor sign going forward. I'm not happy with the merger mania, and see all the consolidation causing a loss of jobs , as well as giving them to much pricing power, but we can't afford to let Europe go at it and sit back because of those concerns, if it don't happen we can't compete. Jim