Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: RADAR ))) who wrote (13632)	2/5/1999 11:43:00 AM
From: Ditchdigger	Respond to of 29382

Shorting OSX stocks? Are you kidding? Or do you mean the e-brokers?DD PS: looking for the US gov to get involved To: SliderOnTheBlack (36867 ) From: Platter Friday, Feb 5 1999 11:37AM ET Reply # of 36870 RIYADH, Feb 5 (Reuters) - U.S. Energy Secretary Bill Richardson arrived in Saudi Arabia on Friday to promote American companies at a time when the kingdom has raised hopes for deeper investment opportunities in its giant energy sector. Major U.S. oil firms want Richardson to get clarification from the Saudis on the sensitive issue of whether they would consider opening up the country's prized upstream energy sector to foreign investment. Richardson's visit, the first by a U.S. energy secretary to Saudi Arabia in almost nine years, is not expected to secure any immediate commercial deals because the kingdom is still reviewing proposals made by American and international firms. Foreign oil majors have been busy working up packages in a bid to gain new ground in Saudi Arabia, the world's largest oil producing nation with more than a quarter of global reserves. The scramble to present fresh investment ideas came after Crown Prince Abudullah held a rare meeting with senior U.S. oil executives in Washington last year, triggering speculation of possible wider openings in the Saudi energy sector. Western oil executives believe the collapse in world oil prices is the driving force behind the investment initiative by Saudi Arabia, which needs new funds for expensive energy projects but is jealously guarding its upstream oil industry.