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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (38224)	12/4/1998 6:19:00 PM
From: yard_man	Read Replies (1) \| Respond to of 132070

$25?!! Maybe I will buy more when it goes to 5 & something. <g>

To: Knighty Tin who wrote (38224)	12/4/1998 11:02:00 PM
From: Greg Jung	Read Replies (1) \| Respond to of 132070

Isn't the cost of operations about $12/barrel? I would expect some trouble based on this leding to Mexican devaluation and corporate debt defaults/difficulties at PemeX. We were looking for a triple bottom but look at price of SLB, broke the previous level. Hmar may hold its 5+ level, but TMAR has been sub-$5 and I can't see anymore why TMAR should go lower than HMAR. All this sub-book value will dissappear come January, but in the meantime we have December. Greg