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To: Mike from La. who wrote (35698)	1/23/1999 1:43:00 PM
From: thomas hayden	Read Replies (4) \| Respond to of 95453

Oil well service stocks & the market, a question for all. With OWS stocks bumping along the bottom what does everyone think could happen if the market takes another big hit. Say we test 7500 again ~ which could happen, how big of a hit would these stocks take? It truly seems these stocks have a mind of their own and strictly follow oil, but what if the entire market is in a selling mood, is it possible to head even further south? Thanks in advance.

To: Mike from La. who wrote (35698)	1/23/1999 1:44:00 PM
From: XoFruitCake	Read Replies (2) \| Respond to of 95453

A question to the thread. Where can I find out more information about OSX (the companies and weighting of the shares that make up the index)? Is there any security (like spider which track s&p 500) that track OSX. Thanks. manwah

To: Mike from La. who wrote (35698)	1/23/1999 4:01:00 PM
From: BigBull	Read Replies (1) \| Respond to of 95453

More probing/cat and mouse only this time closer to the oil fields. washingtonpost.com And in the North, this: search.washingtonpost.com Looks like Saddam and the Iranians are getting awfully chummy. thr 043 iraq-shipping iraq can import goods via iran noshahr, mazandaran prov., jan. 21, irna -- the port and shipping authority announced its readiness to ship all the iraqi bound goods in return for right to the transit of iraqi oil from port of imam khomeini, said the managing director of the organization mokhtar kalantari here wednesday. he told irna that upon iraqi request, the goods can be transported via land to the port of imam khomeini in persian gulf, adding, this a very economical route for iraq to acquire its import needs. he further said that currently, iraq is importing its needs via port of aqabe in jordan, but by utilizing iran's capabilities it is estimated that iraq can import between 3 to 5 million tons of goods annually. kalantari expressed hope that the additions to ports of imam khomeini, shahid rajaie and chahbahar will be completed by the end of april. he added that as part of the organization's policy of transfer of management of ports to the private sector, so far large parts of operations in various ports have either been or are in the process of being handed over to the private sector. nb/dh end ::irna 21/01/99 21:34 Didn't Saddam invade Kuwait the last time, so that he could get $21 a barrel? Weren't the Kuwaiti's cheating that time as well? In my view, the price of oil carries 0 middle east risk premium, maybe that will change in the upcoming weeks. I also read a report on Bloomberg recently that said some minister in Moscow believes the Iranians are definitely getting Russian ballistic missile and nuclear weapons technology.