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Gold/Mining/Energy : RON - Cooper Cameron -- Ignore unavailable to you. Want to Upgrade?


To: PashaBear who wrote (57)12/15/1998 12:47:00 PM
From: Douglas V. Fant  Read Replies (1) | Respond to of 77
 
PB, Yes. Too many people n the industry worldwide are gored by rock bottom prices. The whole Arab Gulf's Government financial planning is thrown into disarray. The power struggle between Saudi Arabia, Venezuela, and Iran over market share will likely begin to take back seat with Chavez' election in Venezuela, and the moderate coming to some power in Iran...I.e., calmer heads will prevail....

And too Asia is healing a lot more rapidly than people appreciate IMO. Look for Asia to switch back to a growth track in Year 2000 in terms of energy consumption....But personally, since I am short a Dec 25 call option on my RON stock, I hope that things don't take off for three trading session anyway until the option expires, ha!

Sincerely,

Doug F.