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

To: Bilberry who wrote (38027)	2/23/1999 12:29:00 PM
From: Platter	Read Replies (1) \| Respond to of 95453

Oil at 12.44, OSX up .30 EOM

To: Bilberry who wrote (38027)	2/23/1999 12:42:00 PM
From: John Carpenter	Respond to of 95453

Value investors are certainly not being rewarded. What's obscenely cheap today will probably be a little cheaper tomorrow. Perhaps with day traders and mutual fund portfolio managers in control of the equity markets, a security is only worth owning if it will go up in price today. When your bonus depends on performance what would you choose- AOL or RIG? This accounts for the lack of breath in the markets today. Portfolio managers are putting money to work on their favorites. So, it's kind of a self-fulfilling approach. I'm buying this stock because it's going up which further pushes it up etc. It's a winner take all market. In this enviornment, OSX issues are the losers. I wouldn't bet on this turning on a dime anytime soon.