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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Platter who wrote (35783)	1/25/1999 1:50:00 PM
From: Platter	Respond to of 95453

Oil at $12.46 down 23 cents, OSX down 1.63

To: Platter who wrote (35783)	1/25/1999 1:55:00 PM
From: SliderOnTheBlack	Read Replies (2) \| Respond to of 95453

WFT upgraded to a BUY by NB Montgomery... We are in interesting territory here; the last 2-3 days of the month could offer some buying opps; as ''some'' funds may dump some oilpatch stocks before month end - set some limit buys on your watch lists here imho. OPEC is "THE" key coming up imho. Puzzling; our stance of letting Iraq pump more Oil ??? Does the US want deressed crude prices keeping inflation at bay; whereby Alan Greenspan & Co. can work their reflation/liquidity magic ? If they are depressing crude oil prices artificially (by compressing that coiled spring even further), what is going to happen when this turns ? ...interesting times indeed; all of this curtailed drilling & exploration has to start showing up in the numbers shortly.... ''if'' OPEC announces more cuts - we're home free; if not - we need some strong API/IEA numbers going forward and some good news from Japan. Irregardless we have a 30% upside trading range in a worst case scenario imho. The ''hedged'' bet is the N Amer Nat Gas stocks. Frontier Oil up all most 10% today on its mention in Barrons... maybe roundtable part III next week will mention EVER ?!?