Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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

To: Crimson Ghost who wrote (38428)	2/26/1999 7:24:00 PM
From: VLAD	Read Replies (1) \| Respond to of 95453

I agree and my money is on some sort of OPEC cut. 5% sounds just fine to me. If each country cut production by 5% they could all enjoy a 20% increase in total revenues based on $15 oil. If they can't figure out that logic then they all deserve to suffer.

To: Crimson Ghost who wrote (38428)	2/26/1999 9:34:00 PM
From: A. Geiche	Read Replies (1) \| Respond to of 95453

The only right thing to do for us is to dump these sick and treacherous OS stocks -- all of them. Those who want may join SS. I mean Steel Sector. It is in a very similar situation, but, boy, you should see what they are doing to resolve their problems! US is putting any sort of limits and barriers to steel import. Russian export to US is reduced to a laughable handful, and even that most likely they will not be able to sell here. Still it is not enough, and the steel industry is threatening to sue the US government! So much to all the bs about free enterprise, iron curtain, etc. Hey, let's dump this OS and enjoy watching its journey to hell.