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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: Tim Luke who wrote (2571)	12/6/1998 8:22:00 PM
From: Sherman Chen	Read Replies (1) \| Respond to of 90042

Tim, I started following XYLN when you recommended it at 9, but I didn't jump in until 18. Do you have a target for XYLN, or are you just waiting to see what develops in the way of takeovers or other news. TIA

To: Tim Luke who wrote (2571)	12/6/1998 8:29:00 PM
From: Christopher Reed	Read Replies (1) \| Respond to of 90042

It looks like Rubin wants to quit. biz.yahoo.com I wonder if he wants to get back into the market. He clearly can't while in the Cabinet. Is hes spot at Goldman still available? I hope Clinton hires someone who understands the stock market. China also cut interest rates. This should help Asia. Cheers.. Chris.

To: Tim Luke who wrote (2571)	12/6/1998 9:08:00 PM
From: SteveDavis	Read Replies (1) \| Respond to of 90042

Tim I live in Houston and we have not begun to see the effect of the Exxon/Mobil deal. This will have a drastic impact on the oil market for years to come. They are saying we can't get anymore for our oil so we have to combine and cut cost. The SAUDIS are asking for financial assistance and are going to float a large bond program. IMO, we will see below $10 barrel in the near future. I love MRL and GLM but I think they are going to be struggling to stay afloat for the short term. There is no room at the storage facilities in Oklahoma for any more oil. You will see the drillers start to really shut down with large layoffs. No drilling-no profits!!! You might get a pop, but be very careful. Steve