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

To: Crimson Ghost who wrote (32405)	12/3/1998 3:45:00 PM
From: JGreg	Read Replies (1) \| Respond to of 95453

All: Can anyone speak to the prospect of GW being delisted. Is this a possibility? Any idea of what GW's options are in this financial corner they've been squeezed into?

To: Crimson Ghost who wrote (32405)	12/3/1998 7:07:00 PM
From: Glenn T	Respond to of 95453

I wonder if the Saudi's and OPEC want the price of oil to drop on purpose. Reason being, back in the so called 'oil shortage' in the 70's, it seemed to me that OPEC had much more clout in the oil biz. Now, there are other players,(Ven., Mex.,etc.) My take on all of this is that OPEC dosn't like to share the wealth too much, so now they are trying to shake a few of these non-opec countries out by making oil so cheap that it dosn't pay to produce... I think OPEC is trying to remind everyone they are still in charge..no matter what the cost.....just a thought.. Boliman