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To: Ed Ajootian who wrote (55)12/7/1998 1:02:00 AM
From: John T.  Read Replies (1) | Respond to of 272
 
There was an article in the Houston Chronicle today entitled, "Hard Times for Houston -- Another '86-style Depression in the Offing for Oil Patch -- Maybe Worse."

The article ends by saying, "Fasten your seatbelts. We're heading for another crash. But those who are well prepared may survive and live to see a brighter day."

The authors of the article think that it could bottom out in mid 1999 or it could take years.